(MENAFNEditorial) iCrowdNewswire - Apr 25, 2017 Relatives Group Dora, Lebanon / Personal Expenses A loan of $2,300 helps a member to pay the living expenses for her family in the Philippines. Relatives Group's story
'Relatives is a group that consists of three Filipino women who came all the way to Lebanon so that they could secure a better life for their families.
Kayann, the woman standing on the right side of the photo, is the featured borrower of this group. She is a 31-year-old married mother with two children. Kayann left her children with her husband and came to Lebanon where she found a job as a housekeeper so that she could help her husband with the living expenses. She and her fellow group mates are previous borrowers of Al Majmoua. This is their eighth loan cycle as a group and they have proven that they are reliable borrowers.
Kayann needs her loan so that she can send the money to her family in the Philippines in order to help them. The woman standing in the middle is Evelyn and the other woman on the left is Charita.
In this group: Evelyn, Kayann, Charita
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:
Relatives Group
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