Al Majmoua4

Lebanese Association for Development -- Al Majmoua

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Sanabel
  • 30.8 million
    36,726
    837.9
    0.0
    33.4 million
    0
Mission:
Al Majmoua's aim is to create a financial intermediary that will serve Lebanese micro-entrepreneurs and will create social change and increase welfare.
Background and Main Challenges: 
Al Majmoua was issued from an SCF Program and had to build its own image in Lebanon as a professional, trustworthy and non-discriminatory institution.
Address: 
Spears, Watwat Street
Beirut
Lebanon
Phone: 
00 961 1 360914
Fax: 
00 961 1 369269
Email: 
contact [at] almajmoua [dot] org [dot] lb
Website: 
Main Funding Sources: 
Grants
Loans
Products and Services: 
Loans
Training and Consulting
Products: 
1-Individual Lending/Majmoua Fund:
Loan Term is min. 6 months, max. 18 months; size USD 500-7,500.
Flat interest rate of 1.4%-1.65% per month.
Upfront fee 2% of loan.
Monthly repayments and no grace period.
Guarantee: Fixed Assets or Personal Guarantee (cosigner or ... Read more
Looking for (Investment Types): 
Capacity Building Grants
Equity investments
Loans in US$
% Operations Comprised by MF: 
91 - 100
Date established: 
Jan 1 1997
FYE: 
31-Dec
Regulated: 
no

Social Performance Profile

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Loans for vulnerable workers - start-up loans
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Quality improvement - value chain analysis - marketing opportunities
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Household budgeting - savings management
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Referral system to other organizations for female victims of violence
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Poverty group lending product with loan amount entry of USD 100
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Partnerships

Current
Name Relationship
AECID Funding
Grameen Foundation Network Affiliation
Kiva Funding
MFN Network Affiliation
PlaNIS Funding
Sanabel Network Affiliation
Save the Children Network Affiliation

Related Organizations

Current
Name Relationship
Grameen-Jameel Partner
Smart Campaign Endorsement

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • Alia Farhat - Nazar
    Human Resources and Social Performance Manager
    alia [at] almajmoua [dot] org
    00 961 3 21 05 96
  • Huda Saigh
    Finance Manager
    huda [dot] saigh [at] almajmoua [dot] org
    00 961 1 360914
  • Michelle Touma
    michelle [dot] touma [at] almajmoua [dot] org
    00 961 1 360914
  • Youssef Fawaz
    Executive Director
    youssef [at] almajmoua [dot] org
    (961) 322-3624

References

Sita Conklin