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Raya Group
In this Group: Rhea, Lileth, Hannah
Rhea is the featured borrower of Raya Group, she got along with the other group members to acquire a loan from Kiva partner Al Majmoua, because they have always been friends since they arrived to Lebanon to work as housekeepers.
Rhea is a 35-year-old single lady, who puts so much effort to develop her living. She is working as a housekeeper to increase her income and improve her own business back in Philippine.
Rhea's acquired loan from Kiva will be sent to support her rice planting business at her hometown Philippine, she will send the money to her family to buy the necessary planting needs.
Rhea is the lady at the center of the picture, as for the other members, Hannah is the first from the right, and Lileth the first from the left.

Additional Information

More information about this loan

This loan is specifically designed for Al Majmoua's vulnerable clients, namely non-Lebanese such as Filipinos, Egyptians and Syrian and Palestinians refugees. These communities have been marginalized by the Lebanese government and society and do not enjoy the same opportunities in the work, educational, and health fields. By funding this loan, you are helping these individuals improve their businesses and provide for their families. 

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
  • 85
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Raya Group's $1,400 loan helped a member to support her rice planting business at her hometown Philippine, she will send the money to her family to buy the necessary planting needs.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2014
Listed
Mar 28, 2014
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014