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Apr 21, 2017 7:47 AM ET

Lebanon: Perlita2 Group: A loan of $3,100 helps a member to send money for their families back in the Philippine.

iCrowdNewswire - Apr 21, 2017

Perlita2 Group

Lebanon
 
Dora, Lebanon / Personal Expenses
 
Borrower image
 

A loan of $3,100 helps a member to send money for their families back in the Philippine.

Perlita2 Group’s story

Perlita2 is a group consisting of four Filipino women who came to Lebanon in order to provide for their families back in the Philippines through their work as domestic workers.

Regina, the woman on the far left side of the photo, is the featured borrower of this group. She is a 42-year-old married mother of three who she had to leave so she would be able to provide them with a better life through her work in Lebanon. Regina wishes to use this group loan in order to send an amount of money to her family to help them with their increasing house expenses.

Next to Regina, there is Michelle, then Joylen and then Delia, who is wearing grey.

In this group: Delia, Joylen, Regina, Michelle

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:

Perlita2 Group

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