This loan helps Palestinian refugees living in Lebanon, specifically in refugee camps throughout the country. Palestinian refugee camps in Lebanon often have poor infrastructure and do not receive the same basic services as the rest of the country. Palestinian refugees have been marginalized by the Lebanese government and society, as they face many restrictions and discrimination in the work, educational, and health fields. By funding this loan, you are helping these marginalized individuals develop their businesses and provide for their families.
About Al Majmoua (former):
The Lebanese Association for Development ? Al Majmoua is Lebanon?s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua?s vision is to ?be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.? Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.
Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.
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