Al Majmoua was named the winner of Ghazal Foundation's 2020 "Conflict Prevention and Peace in Lebanon" award that took place in an online ceremony on December 19.

Lebanese and Franco-Lebanese personalities recognized for their impartiality and integrity, composed the jury: Ogarit Younan, co-founder of Chaml Laureate 2019 of the Prize; Ghassan Moukheiber, Lawyer and former deputy; Manal Tabet, Fondation de France; Hady Farah, business leader engaged in humanitarian work and, last but not least, Michel Ghazal, President of the Ghazal Foundation.

Al Majmoua was honored for its outstanding work in support of small and medium enterprises affected by the Beirut Port explosion and also for its achievements in the past years in providing financial and non-financial services to SMEs across Lebanon in a comprehensive manner.

With the support of IFC, Al Majmoua is proud to announce earning the SMART CERTIFICATION by adopting its policies and procedures for protecting borrowers showing once again its commitment towards providing a distinguished service to borrowers and treating them with fairness and respect.

Al Majmoua carried out a training for UNFPA beneficiaries mainly adolescent girls and women on topics such as saving, debt management, and budgeting financial management with the aim of raising awareness and build capacity of beneficiaries on these issues. Al Majmoua also delivered the Making of a Champion program which is a program specifically designed to help youth develop even more of their potential for success and their leadership skills. It is designed to lead them towards setting and achieving goals which is crucial for them to best assist beneficiaries in the community.

At the end of the project, 78 girls were strengthened through financial education courses and 60 girls were productive through their work.

Under the frame of the Leadership Management International Licensee, Al Majmoua participated in the international convention in South Carolina where Al Majmoua was awarded with 6 awards, including Worldwide Productivity and Best Rookies Licensee.

Al Majmoua received the Women’s World Banking Excellence in Leadership Award which recognizes Al Majmoua’s commitment to promoting gender diversity among the organization’s staff, leadership and governance alongside its mission to serve low-income women.