Al-Ettihad 50065 Group
Zahiya is requesting a loan from Kiva partner Al Majmoua in order to perform necessary maintenance on her house before the winter season sets in. Her goal is to keep it a healthy place for her family to live in and for her customers to visit. She hopes to stay in good health so that she can remain capable of responding both to her family's and to her customers' needs.
Zahiya and the other group members joined together to acquire a loan from Kiva partner Al Majmoua because they have always been neighbors and friends. Zahiya is second from the left in the picture. The other members are named Yousra, Najwa, and Jinan. Yousra is shown holding her precious baby, Najwa is the first on the left (wearing pink), and Jinan is at the far right.
About Al Majmoua – Lebanese Association for DevelopmentThe 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
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Success!! The loan was 100% repaid