Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.


Partner Description:

Al Majmoua, the Lebanese Association for Development, was founded in 1994 as a microfinance program under Save the Children. By 1998, it had become an independent non-profit NGO dedicated to supporting underserved communities. The organisation has a mission to promote sustainable development by improving the economic and social conditions of low-income individuals, particularly micro-entrepreneurs and women, through the provision of both financial and non-financial services. Furthermore, Al Majmoua employs international best practices for consumer protection in microfinance which helps create a more inclusive financial system in Lebanon.


A unique lending approach:

In addition to its loan product offering, Al Majmoua is committed to empowering its clients through training and capacity-building programs aimed at enhancing business skills and financial literacy. These programs are offered to all clients free of charge and they are tailored according to the client’s profile. Al Majmoua also offers affordable health insurance, providing its clients with access to healthcare and coverage for medical expenses.


Disclaimer: Al Majmoua previously defaulted on Kiva loans due to Lebanon’s severe economic crisis. With the economy showing signs of recovery and after a thorough re-vetting process, Kiva has re-onboarded Al Majmoua to help Lebanese borrowers regain access to critical loans. For the partner’s previous page, see: https://www.kiva.org/about/where-kiva-works/partners/77


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Sep 26, 2025 Oct 12, 2005
Total Loans $31,000 $2,202,559,080
Amount of raised Inactive loans $0 $375,500
Number of raised Inactive loans 0 116
Amount of Paying Back Loans $31,000 $155,421,750
Number of Paying Back Loans 29 186,654
Amount of Ended Loans $0 $2,046,761,830
Number of Ended Loans 0 2,694,986
Delinquency Rate 0.00% 11.01%
Amount in Arrears $0 $10,554,373
Outstanding Portfolio $5,800 $95,852,353
Number of Loans Delinquent 0 61,767
Default Rate 0.00% 1.81%
Amount of Ended Loans Defaulted $0 $37,024,727
Number of Ended Loans Defaulted 0 96,131
Currency Exchange Loss Rate 0.00% 0.40%
Amount of Currency Exchange Loss $0 $13,693,739
Refund Rate 0.00% 0.52%
Amount of Refunded Loans $0 $11,560,660
Number of Refunded Loans 0 9,973

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 73.33% 78.89%
Average Loan Size $1,069 $407
Average Individual Loan Size $1,069 $603
Average Group Loan Size $0 $1,961
Average number of borrowers per group 0 8.4
Average GDP per capita (PPP) in local country $15,800 $5,584
Average Loan Size / GDP per capita (PPP) 6.77% 7.29%
Average Time to Fund a Loan 0.92 days 9.19 days
Average Dollars Raised Per Day Per Loan $1,161.56 $44.29
  Average Loan Term 13.2 months 11.52 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,302,004
  Journaling Rate 0.00% 41.73%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.52

Borrowing Cost Comparison (based on 2009 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 32.00% PY 28.52% PY
  Profitability (return on assets) 126.65% -13.5% -1.00%
  Average Loan Size (% of per capita income) N/A 11.00% 0.00%

Country Fast Facts

Lending Partner Staff

George Lteif
Nadine Mahdi
Houaida Nasrallah
Sarah Srour