Love Group’s story
Irma is the featured borrower of the Love Group. She got together with the other group members to acquire a loan from Kiva’s field partner, Al Majmoua, because they have been friends since they left their hometown in the Philippines to work in Lebanon for a better income to support their beloved ones back home.
Irma is a 63-year-old widowed mother of four children who traveled to Lebanon and started working as a housemaid to cover the needs and expenses of her family. Today, Irma is acquiring a loan from Kiva’s field partner, Al Majmoua, to pay her children’s school tuition fees.
Irma is the second on the left. Sally is the first on the right, and Carmela is the first on the left, Josephine is the second lady on the right, and Clarita is the lady standing in the middle.
In this group: Sally, Irma, Carmela, Josephine, Clarita
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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 Love Group’s $4,400 loan helps a member to pay her children’s school tuition fees.