Funded

Total loan: $1,400
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Pengio Group

Lebanon
Beirut, Lebanon / Retail

A loan of $1,400 helped a member to start a new business selling clothes, watches, silver and Brazilian gold, to earn extra income.


Pengio Group's story

Pengio is a group of three Filipino ladies, Salvacion, Myrna, and Sunshine, who live in Lebanon and work as housekeepers for Lebanese families. They have been friends ever since they moved to Lebanon. They decided to join hands and form this group in order to acquire a group loan from Al Majmoua. Myrna is the group leader and the featured member of the group; she is the first from the right. She is a 46-year-old, the single mother of three children. Her children are still living in the Philippines and rely on their mother's salary to live through the month. The father of her children does not contribute to the financial needs of the family, which makes her the family’s only financial provider. For this reason, she needs the Al Majmoua loan to start a new business to earn extra income. She will start selling clothes, watches, silver and Brazilian gold, in order to be able to send extra money to her children, who sometimes have urgent spending needs. Salvacion is a 48-year-old, the married mother of three children. She is the one in the middle. Her husband is unemployed, which makes her too the only financial provider for the family. She needs the Al Majmoua loan to send it off to her family in the Philippines. Sunshine is a young lady of 22. Her retired parents are in dire need of financial assistance. This is why she decided to apply for the Al Majmoua group loan.

In this group: Salvacion , Myrna, Sunshine
*not pictured



Loan details

Loan length:

8 months
Disbursed date: May 16, 2013
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: May 16, 2013
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development