Check out some available loans that are similar to this one!
Dyanah Wared 50430 Group
In this Group: Hind, Nisrine, Diana, Noura
Hind is the featured borrower of Dyanah Wared 50430 Group. She joined the other group members to acquire a loan from Kiva partner Al Majmoua because they have always been neighbors and friends.

Hind is a 41-year-old married mother of two children. She works as an accountant to support her husband who works in pasting floor tiles. Hind's loan will be invested in paying for her children school tuition fees. Hind is the first lady standing at the left side.

As for the other group members, Nisrine is the second from the left, Diana is the lady in red, and Noura is the first from the right.

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

  • $15,800
    Average annual income
  • 38
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Dyanah Wared 50430 Group's $4,000 loan helped a member to pay her children's school tuition fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2013
Listed
Nov 9, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014