(MENAFNEditorial)
iCrowdNewswire - Feb 25, 2017
Hiba Chouf, Lebanon / Higher education costs A loan of $1,875 helps to pay her daughter's university tuition fees and will allow her to become an intellectual and educated woman in the future. Hiba's story
Hiba, a 37-year-old woman, is asking for a loan from Ibdaa, a Kiva partner for the first time. She needs to pay the university tuition fees of her daughter. Her desire is to improve the education level of her family and allow her daughter to continue learning so she can become an intellectual and educated woman in the future.
This lovely woman works in weaving from home in order to help her husband with the housing expenses and to be independent. She has a great reputation in the area. She is a trustworthy person and aims always to support her family and to upgrade their living conditions.
This loan is special because: It doesn't require a guarantor, reaching underserved women in Lebanon. Lev Plaves Kiva staff
More about this loan This type of loan, called 'Sayedati in Arabic, is part of Ibdaa's efforts to serve women in Lebanon. The loan is unique in that it is the only type of loan in Lebanon that does not require a guarantor. Ibdaa is working to reach women in Lebanon who would be unable to receive a loan otherwise or are not being served by other microfinance institutions. By supporting this loan you are helping an underserved woman in Lebanon who would not otherwise have access to credit. About Ibdaa Microfinance:
Ibdaa Microfinance is an initiative of the Arab Gulf Fund (AGFUND) aimed at reducing poverty and unemployment in Lebanon. With Kiva's help, Ibdaa provides affordable microfinance services to the most marginalized segments of Lebanese societies, including displaced refugees, women and young entrepreneurs. The loans will help improve the quality of life of displaced refugees and their families, and offer Lebanese youth a chance to start their own successful businesses.
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