Al Majmoua - The Lebanese Association for Development is an independent non-profit Lebanese microfinance institution (MFI) following international best practices.
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, registered as an association with the Lebanese Ministry of Interior.
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.
To be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.
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.See more