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Mar 15, 2017 4:48 PM ET

Lebanon: Miracles Group: A loan of $1,500 helps a member to cover needed expenses so she can finish her house construction back in the Philippines.

iCrowdNewswire - Mar 15, 2017

Miracles Group

Lebanon
 
Beirut, Lebanon / Personal Housing Expenses
 
Borrower image
 

A loan of $1,500 helps a member to cover needed expenses so she can finish her house construction back in the Philippines.

Miracles Group’s story

Miracles is a group consisting of three Filipino women who left their families in the Philippines and came to Lebanon to provide a better life for them. They are all first-time borrowers from Kiva’s field partner Al Majmoua.

Lydia T. is the featured borrower for this group; she is the woman on the left side of the photo. She is a 62-year-old widow who is raising her three children all by herself and providing for their needs. She is a devoted mother who works as a domestic worker here in Lebanon in order to provide for her kids.

She is requesting this worker group loan in order to cover needed expenses so she can finish her house construction back in the Philippines. By contributing to this loan, you would be financially supporting Lydia T. and helping her to secure a house for her and her children back in the Philippines.

Next to her is Rowena; Lydia G. is on the right side of the photo.

In this group: Lydia, Rowena, Lydia

This loan is special because:

It gives opportunity to marginalized groups to improve their businesses. 

Lev Plaves
Kiva staff

More about this loan

This loan is specifically designed for Al Majmoua’s underserved clients, namely non-Lebanese who have come to Lebanon to find work. These communities, often from the Philippines, have been marginalized by Lebanese society and do not enjoy the same opportunities in the work, educational, and health fields. By funding this loan, you are helping these individuals improve their businesses and provide for their families.

About Al Majmoua:

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.

Contact Information:

Miracles Group

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