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Lady Gaga Group
In this Group: Leove , Olivia , Sarah, Arlen, Geraldine
Leove is the featured borrower of Lady Gaga group. She got along with the other group members to acquire a loan from Kiva's partner, Al Majmoua, because they have always been friends since they left their hometown, Philippine, to come and work in Lebanon as house keepers, to provide their families with the necessary educational and living needs.

Leove is a 43-year-old single mother of three children. She works as a house keeper to provides her children with the necessary living needs and education. She is acquiring a loan from Kiva's partner, Al Majmoua, to send to her children back in the Philippine to pay for their school education fees.

Leove's main aim is to make sure that her children get the best education she hopes she can provide, and see them presentable persons in their society.
Leove is the lady with blue top. As of the other group members, Olivia is the second from the left wearing grey top, Sarah is the first from the left, Arlen is standing in the center of the picture with light green top, and Geraldine is the first from the right wearing a black 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.

About Lebanon

  • $5,900
    Average annual income
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Lady Gaga Group's $3,000 loan helped a member to pay for her children's school fees.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 3, 2013
Listed
Dec 2, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014