A loan of $900 helped a member to purchase goods needed for their businesses.


Klara Group's story

The group name is 'Klara'; it is made up of three ladies who are living in the region of the Aley, Mount Lebanon.

-Ihssan is a 40-year-old married woman who has five children. Ihssan has been producing handicrafts for twenty years. She also does embroidery. This is the first time that Ihssan has requested a loan. She requested a loan from Al Majmoua in order to purchase supplies such as thread and some accessories.

Ihssan is special in her work because of her experience and of her good taste in her work. Her clients are people from her region. When she first started her business, she didn’t face difficulties except making herself known by the public and offering original products. She decided on doing her business because she has good networking, thanks to her experience. In the future, she plans on expanding her work.

-Yassmien is a 26-year-old single woman. Yassmien has been working as a seamstress for fifteen years. She requested a loan from Al Majmoua in order to purchase materials like thread and accessories for her work. This is the first time that Yassmien has requested a loan. She is special in her work because she likes it and does it well. Her clients are her friends, neighbors and others. When she first started her business, she didn’t face difficulties. Yassmien decided on doing her work because of her need to provide for herself. In the future, she plans on improving her work.

-Rwaydah is a 25-year-old married woman who has one child. Rwaydah has been selling scarves from her home for five years. She requested a loan from Al Majmoua in order to purchase new scarves like pashminas and thinner scarves for the spring season. This is the first time that Rwaydah has requested a loan.

Rwaydah is special in her work because of her good quality of products. Her customers can be anybody from her region. When she first started her business, she didn’t face difficulties. Rwaydah decided on doing her work to raise her family’s income. In the future, she plans on improving her work.

About Group Loans In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.

In this group: Ihssan, Yassmien, Rwaydah
*not pictured



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Loan details