Check out other loans that are currently fundraising!
Rahet Al Bal Group
In this Group: Sobhiya, Zeinab, Laura
Laura is the featured borrower for Rahet Al Bal's group. She is a 26-year-old married woman with one child. She got together with her other group members to take this Al Majmoua loan because they have always been neighbors and friends. She is seated in the middle. She works as a hairdresser at her house, in addition to being a tutor and a school teacher. This is all done in order to help her husband in making their living and to raising their only child.
Laura applied for a loan from Kiva partner Al Majmoua, in order to buy new tools and machines necessary for improving her business. Laura will also buy a hairdressing chair, which makes her business more flexible.

Sobhiya is a 42-year-old married woman and mother of five children. She has a small Saj bread bakery and is requesting a loan in order to buy extra flour and a new dough maker to improve and increase her income. Sobhiya is the featured borrower on the left.

Zeinab is a 52-year-old married woman with 3 children. She owns a small convenience store. She is the one on the right side of the picture. She is applying for a loan from Kiva partner Al Majmoua in order to buy special offers products that will increase her selling, and at the same time increase her income.

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

  • $15,800
    Average annual income
  • 64
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Rahet Al Bal Group's $1,400 loan helped a member to buy new tools and machines necessary for improving her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jun 12, 2012
Jul 1, 2012
Currency Exchange Loss:
May 17, 2013