Al Majmoua

Overview

Al Majmoua (which is the Arabic term of “the group” ) was initially created in 1994 as a microfinance program by Save the Children to provide group loans to low-income women entrepreneurs. In 1997, it spun off into a fully autonomous NGO. Currently, Al Majmoua offers group and individual loans, and free non-financial services to its borrowers and non-borrowers through its network of 22 branches all over Lebanon. Their mission is to promote sustainable development by improving the economic and social conditions of low-income individuals, especially micro-entrepreneurs and women, through the provision of financial and non-financial services, all over Lebanon.

 


Comments off 5th March 2024

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