Modra Group’s story
Chenne is the featured borrower of Modra group. She got along with the other group members to acquire a loan from Kiva’s field partner Al Majmoua because they have always been friends since they left their hometown Philippine to come and work in Lebanon with a better income to support their beloved ones back in Philippine.
Chenne is a 26-year-old single mother of two children who is working hard as a housekeeper to cover the expenses and needs of her beloved kids and improve their living conditions. Thus she is acquiring a loan from Kiva’s field partner Al Majmoua to pay her children’s school tuition fees. She believes that education is a priority for it is the only to guarantee her children’s future. Chenne is the first on the right of the photo.
With respect to the other group members, Jocelyn is the lady in the middle, and Dhannama is the first on the left of the photo.
In this group: Dhannama, Chenne, Jocelyn
This loan is special because:
More about this loan
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.
A portion of Modra Group’s $1,500 loan helps a member to pay her children’s school tuition fees.