Established in 1997, the Lebanese Association for Development (Al Majmoua) is the leading microfinance organistion in Lebanon. It currently has 45,000 active microcredit clients, and 300 employees spread over 28 branches. Initially founded by Save the Children, Al Majmoua provides financial services to low income individuals, especially women, from all nationalities all over Lebanon. Al Majmoua also provides non-financial services to both borrowers and non-borrowers, including financial literacy, technical skills training, job placement and apprenticeship, business development/entrepreneurship services
- Organisation type Non governmental organisation (NGO)
- Year founded 1997
- Headquartered Beirut
- Registration Lebanon
- Website https://www.almajmoua.org
Community and economic development
- Economic development
- Financial services
- Financial services
- Development finance
- Older adults
- Women and girls
- Widows and widowers
- Refugees and displaced people
- Undocumented immigrants
- Low-income people
- Domestic workers
- Victims of conflict and war
Group loanFor women of all nationalities legally residing in Lebanon for at least six months to help improve their living conditions and start or develop a business.
Individual micro loanLoans for males and females of all nationalities legally residing in Lebanon for at least 24 months to help develop existing businesses or living conditions.
Micro plus loanLoans for small businesses to help them to increase their operating capital by covering the cost of new equipment. Available for men and women legally residing in Lebanon for at least 24 months.
Business development servicesOffering micro business training and support for all aspect of their operations, from writing business plans to SWOT analyses, promotion and legal registration.
Product Quality Improvement and ControlAwareness sessions on food quality, hygiene and Hazard Analysis Critical Control Point (HACCP) – designed specifically for food and agri-business micro-entrepreneurs.
Personal developmentPersonal development sessions around gender awareness) (women's economic rights, communication, self-confidence, decision-making and household budget management). Awareness sessions around children's rights, including domestic violence. Networking sessions for women to make new contacts and gain self-confidence.
Toolkits and equipmentDelivery of business toolkits and start-up solutions packs.
- Impact Lebanon
- Save the children
- EU - Madad
- Fondation de France
Types of funding and awards
- Loans to Individuals
Pro bono services
- Pro bono program design and analysis services
- President, Ramzi El Hafez
- Vice president, Ghassan Hamadeh
- Treasurer, Hanin Abdallah
- Secretary, Gabriel Deek
- Accountant, Hussein Rifaï
- Member, Roland Tok