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Marybon Group
In this Group: Nomo, Zoraida , Nelia , Rebecca
Nomo is the featured borrower of the Marybon group; she came together with the other group members to acquire a loan from Kiva partner Al Majmoua, because they have always been best friends since they left their home country, the Philippines, to work as housekeepers in Lebanon to improve their beloved families' living conditions.

Nomo is a 37-year-old widowed mother of one child, she works hard as a housekeeper to provide her beloved child with the necessary living needs. This is Nomo's second cycle as a borrower with Al Majmoua, Kiva's field partner. Her previous loan was sent to the Philippines to pay for her child's school fees.

Today, Nomo's acquired loan will be invested for the same purpose, because she believes that education will provide her child with a brighter future.

Nomo is the first lady from the left. As for the other group members, Zoraida is the second from the left with eyeglasses, Nelia is the second from the right with a white hat, and Rebecca is the first from the right.

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
  • 71
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Marybon Group's $1,900 loan helped a member to pay for her child's school fees.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2014
Listed
Apr 15, 2014
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014