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Dalia 1 Group
In this Group: Nouha, Dalia, Lina
Nouha is the featured borrower of Dalia 1 Group. She has gotten together with the other group members, who have always been neighbors and friends, in order to request a loan from Kiva partner, Al Majmoua.

Nouha is a 47-year-old married mother of three children, who works in the tailoring business to help her husband make a living and cover their family's increasing expenses. She specializes in beads and pieces of work that require a very special talent.

Nouha is requesting a loan from Kiva partner, Al Majmoua, to pay for her son's university fees. She will keep on working hard to make sure that her son will finish his university studies and develop his own means of living. She is the lady in the center of the picture holding the dress. As for the other group members, Lina is the lady at the left with blue pants, and Dalia is the lady with green top.

Additional Information

About Al Majmoua – Lebanese Association for Development

The Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.


Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $14,580,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Dalia 1 Group's $1,300 loan helped a member to pay for her son's university fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 25, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014