(MENAFNEditorial)
iCrowdNewswire - Feb 25, 2017
Nlr Group Beirut, Lebanon / Personal Housing Expenses Nlr Group's story
NLR group consists of four Filipino women who left their families and came all the way to Lebanon to secure a better life for them.
Beverly, the woman standing on the far left side of the photo, is the featured borrower of this group. She is a 59-year-old widowed mother of five where she is their only provider. She left her children back in the Philippines and came to Lebanon where she found a job as a domestic worker.
She and her group mates are previous borrowers from Kiva's field partner, Al Majmoua and they have proved themselves as reliable borrowers. This is their 14th cycle of loan with Al Majmoua.
Beverly needs this loan to improve her house so she could provide her children with a healthier place to live.
The woman next to her is Nina, then Raynelda, and lastly is Lilian. They all need this loan to financially support their families and businesses.
In this group: Lilian, Nina, Raynelda , Beverly
Show previous loan details
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.
A loan of $3,900 helps a member to improve her house in the Philippines and provide her children with a healthier place to live.
MENAFN2602201700703403ID1095270072
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.