MFI Report-
17.8 million23,487758.50.022.9 million0
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
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
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 guarantor).
Eligibility: Minimum 1 year in the Business.
2- Group Lending/Majmoua Fund:
Loan Term 4 to 8 months; Loan size USD 200-1,700.
Flat interest rate of 1.65%-2% per month.
Bi-weekly or monthly repayments; no grace.
Solidarity system as guarantee.
Eligibility: Group of min. 5 micro-entrepreneurs.
3-Individual Lending/EU-ESFD Loan:
Loan Term is min. 1 month, max. 60 months; size LBP 500,000 - 7,500,000.
Declining interest rate of 17.75% per year.
Monthly repayments and no grace period.
Guarantee: Fixed Assets or Personal Guarantee (cosigner or guarantor).
Eligibility: Minimum 1 year in the Business.
4-Individual Lending/EU-ESFD Loan:
Loan Term is min. 1 month, max. 60 months; size LBP 500,000 - 7,500,000.
Declining interest rate of 19.75% per year.
Monthly repayments and no grace period.
Guarantee: Fixed Assets or Personal Guarantee (cosigner or guarantor).
Eligibility: Start up Business. Hide
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 guarantor).
Eligibility: Minimum 1 year in the Business.
2- Group Lending/Majmoua Fund:
Loan Term 4 to 8 months; Loan size USD 200-1,700.
Flat interest rate of 1.65%-2% per month.
Bi-weekly or monthly repayments; no grace.
Solidarity system as guarantee.
Eligibility: Group of min. 5 micro-entrepreneurs.
3-Individual Lending/EU-ESFD Loan:
Loan Term is min. 1 month, max. 60 months; size LBP 500,000 - 7,500,000.
Declining interest rate of 17.75% per year.
Monthly repayments and no grace period.
Guarantee: Fixed Assets or Personal Guarantee (cosigner or guarantor).
Eligibility: Minimum 1 year in the Business.
4-Individual Lending/EU-ESFD Loan:
Loan Term is min. 1 month, max. 60 months; size LBP 500,000 - 7,500,000.
Declining interest rate of 19.75% per year.
Monthly repayments and no grace period.
Guarantee: Fixed Assets or Personal Guarantee (cosigner or guarantor).
Eligibility: Start up Business. Hide
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
Current Legal Status:
NGO
Regulated:
no
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Alia Farhat - NazarBusiness Development Manageralia [at] almajmoua [dot] org00 961 3 21 05 96
-
Huda Saighhuda [dot] saigh [at] almajmoua [dot] org00 961 1 360914
-
Mona JaberChief Accountantmona [at] almajmoua [dot] org00 961 1 360914 ext: 118
-
Youssef FawazExecutive Directoryoussef [at] almajmoua [dot] org(961) 322-3624
