Latest Activities

Timeline of activities 2020

  • Reduced the direct economic downturn impact on vulnerable communities in Lebanon
  • Supported vulnerable persons who lost their livelihoods through supporting targeted MSMEs/cooperative that respects COVID 19 response protective guidelines to increase their productivity and capacity for local produce in sectors needing during this crisis.
  • Collaboration with Libanpost
    • Collect or pay Al Majmoua’s loan at all LibanPost offices
    • Availability of "Home Collection"
  • Introduced a loan in "Lebanese Pounds"
  • Food Assistance with Fair Trade Lebanon:
    • The distribution of food parcels to 40 households.
  • Fostered Resilience by Strengthening Abilities (FORSA II):
    • Selected of 500 youths to benefit from trainings on financial education
    • Selected of 400 youth to benefit from trainings on business management
    • Selected of 100 youth to benefit from grants and one to one coaching sessions
  • LINKED: Linking Vulnerable Populations and Inclusive Market Networks to Advance Sustainable Economic Development in Lebanon:
    • Improved employment opportunities for vulnerable job seekers and their households through improved capacities to identify and pursue decent livelihoods pathways
    • Strengthened the capacities of selected local economic actors to provide decent income generation opportunities
  • Supported MSMEs in Affected Areas:
    • Sustained their business activity /and the livelihoods of their household

Timeline of activities 2019

  • Smart Certification:
    • With the support of IFC, Al Majmoua earned 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
  • Official Exchange Rate:
    • Being faithful to its social responsibility and putting its clients' best interests first, Al Majmoua has decided and during the current circumstances, to grant its clients the possibility to settle their dues in LBP at the official exchange rate of 1,515
  • Global Money Week:
    • Provision of financial education trainings for youth
  • Injaz:
    • Financial education for university students
  • Tatawor:
    • Linked entrepreneurs at the bottom of the economic pyramid with business training, in-kind grants and financial services. This blended approach will improve the livelihoods of the vulnerable Lebanese populations targeted.
    1. Identification of value chains and outreach to entrepreneurs
    2. Individual Business Diagnosis for 120 MSMEs
    3. In-kind grants for 120 MSMEs
    4. Business Development Services to MSMEs
    5. Loan Capital to 120 MSMEs (Between 200,000 $ and 250,000 $)
  • Market Based Opportunities and Skills Training for Women and Youths (MOST) - 3amaly:
    • Design thinking and business management training, individual business coaching and access to finance workshop.
  • Building Alternative Development Assets and Entrepreneurial Learning (BADAEL sub-grants management):
    • Enhanced the business capabilities of 40-50 social enterprises.
    • Provided the social enterprises with seed funding.
    • Sensitized the social enterprises about other financial products, such as savings, insurance and loans and enable them to have access to finance.
  • Youth Empowerment for Social Impact (YESI):
    • Enabled youth to develop and upscale innovative business initiatives through enhanced capacities, increased access to finance and active participation into multi-stakeholder dialogues on inclusive growth and sustainable development

Timeline of activities 2018

  • Crossed the 83,000 active clients mark
  • Opened one branche in Douris
  • Restructured the VSE loan
  • New Signed Partnerships:
    • International Finance Corporation
    • FMO
    • Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.
    • Symbiotics S.A.
    • SANAD
    • SIDI
    • solidarité internationale pour le développement et l'investissement
    • Rockefeller
    • Right to Play
    • Cherie Blair
    • USAID
    • Palladium Group (Lebanon) S.a.r.l.
    • Expertise France
    • International Labor Organization
    • ILO
    • UNICEF
    • International Rescue Committee IRC
    • Terre Des Hommes TDH
  • Non-Financial Services Activities:
    • Legal counseling for 41 beneficiaries
    • Job placement for 223 youth beneficiaries (refugees and host community) in the Bekaa.
    • 3 boot camps were organized in the Bekaa area (Baalbek and Arsal) for youth aged between 16 and 24. The topics discussed were: Drugs and personal protection, accepting others/Social integration, violence within the family and how to be protected.
    • Closing ceremony and networking event for Right To Play beneficiaries in Mount Lebanon.

Timeline of activities 2017

  • Crossed the 70,000 active clients mark
  • Opened a new branch in Koura
  • Launched the Alternative Energy Loan
  • New Signed Partnerships:
    • UNICEF
    • Cherie Blair 2 – WEE
    • UNIDO
    • UNFPA
    • UNDP
    • UN WOMEN
    • ACTED
    • Danish Refugee Council
    • Right to Play
    • IRC
    • OXFAM
    • AVSI
    • Dar Al Amal Association
    • Safadi Foundation
    • COSV
    • Fair Trade Lebanon
  • Signing New Loan Agreements With:
    • Whole Planet
    • PIF
    • Microbuild
    • Triodos
    • IFC
  • Non-Financial Services Activities:
    • Legal counseling for 60 beneficiaries and trade name registration for two businesses
    • Apprenticeship of 153 beneficiaries at the businesses of SMEs borrowers
    • Networking opportunities for MENA women entrepreneurs in Barcelona-Spain
    • Global Money week for 65 youth on financial education
    • Provision of equipment for 79 women beneficiaries
    • Testimonial of three women beneficiaries in "Enhancement of the Business Environment in the Southern Mediterranean" workshop
  • Supplied 19 cooperatives with necessary productive inclusion for the development of a mobile app that targets the unbanked in Lebanon
  • Developed Al Majmoua’s brand book that explains the brand’s identity and standards
  • Participated in the CITI Microentrepreneurship Awards where four of Al Majmoua clients won valuable prizes

Timeline of activities 2016

  • Crossed the 60,000 active clients mark
  • Opened two branches in Halba and Jadra
  • Established Three New Departments:
    • Product Development
    • Marketing and Customer Service
    • Risk Management
  • Launched New Products:
    • Group Loan for Palestinians
    • IndividuaL Loan for Women Without a Guarantor (WWG)
  • New Signed Partnerships & Agreements:
    • Safadi Foundation
    • UNDP
    • UNIFIL
    • UNFPA
    • Dar Al Amal Association
    • The Blessing Foundation
    • UN Women
  • Signing New Loan Agreements With:
    • Planis Responsability
    • Triple Jump
    • CoopMed
    • Whole Planet
    • Habitat Microbuild
    • Palestine Investment Fund
  • Brand Uplifting
  • Organized a Series of Events:
    • Conference about the status of women entrepreneurship in Lebanon and the challenges of legal business registration
    • Open day about access to finance for micro-entrepreneurs at the Chamber of Commerce in Bekaa
    • Regional exchange of experience for women entrepreneurs in Egypt
    • Networking events for female micro-entrepreneurs targeting male engagement
  • Provided legal counseling to female micro entrepreneurs and supporting trade name registration at the Ministry of Economy
  • Participated in the CITI Group Awards where four of Al Majmoua clients won valuable prizes








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