Depuis 2 ans, j’opère une boutique de vêtements. Je rencontre des difficultés avec les coupures fréquentes du courant mais malgré ça je souhaite dévelo...
Selling clothing
Lebanon
Loan amount 1180€
Funded 38%
by 12 members
Only 31 day(s)
to finance : 720 €
Mountaja SAYFEDDINE - Increase garments
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Loan Request
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Depuis 2 ans, j’opère une boutique de vêtements. Je rencontre des difficultés avec les coupures fréquentes du courant mais malgré ça je souhaite développer mon activité en diversifiant mes stocks pour devenir bien connue dans mon quartier et par la suite augmenter mon capital de travail et que ma famille vive dans de bonnes conditions.
Mountaja est membre du groupe ‘Al Amana’ de 3 femmes entrepreneuses et réunies ensemble pour une demande de prêt. Chaque membre du groupe reçoit une partie du prêt pour son projet personnel et toutes sont solidaires et responsables du remboursement dans son ensemble. Mountaja est à droite sur la photo (en noir), elle est accompagnée de Fatima et Ibtissam. Le montant financé sur MicroWorld correspond au prêt total demandé par le groupe.
Economic and social context
Lebanon
| Population | 4 223 553 |
| GNI per capita | 7 970 USD |
| Economic Growth | 8,00% |
| Poverty rate (less than 2 USD/ day) | No data |
| Unemployment rate | 8,1% |
| Literacy rate (above 15 years of age) | 90% |
| Life expectancy | 72 years |
Rates and transparency
- This loan is at 0% and does not pay any interest to the lender.
- 100% of the money collected is sent to the MFI, even if the project is not fully funded on the site.
- The MFI then makes a loan to the micro-entrepreneur and charges an interest rate in order to cover its operational and financial costs.
- MicroWorld earns a commission from the MFI for the service it provides, which helps to fund its running costs.
- More effective than a simple donation, micro-credit promotes long-term sustainable economic development rather than short term help.
The MFI
Al Majmoua
Al Majmoua, which means "The Group" in Arabic, was established in 1998 as a microfinance program for women with low incomes, initiated by the US organisation Save The Children. Today a major player in the microfinance sector in Lebanon, Al Majmoua, an NGO, serves more than 25,000 borrowers in rural and urban areas throughout the Lebanese territory. Al Majmoua applies and follows a nondiscriminatory policy, both with regards to its employees and customers.
| Legal Status | NGO |
| Number of Borrowers | 23,417 |
| Portfolio Size | $ 17,813,610 |
| Average Loan Balance | USD 758 |
| Average interest rate for borrowers | 1.5% per month |
| Total Number of Personnel | 140 |
| PAR (Portfolio at Risk) | 1.09% |
| Average amount / GDP per capita (Accessibility for the poorest) | 85% |
| Percentage of women borrowers (women's economic empowerment) | 44% |
| Savings accounts opened by customers | No (due to legal status) |
| Guarantees required to access a loan | Third party deposit |
| Loans for social purposes | Housing, post-conflicts reconstruction |
| GIPSIE rating by PlaNis | 3.7/5 |
Investors on the project
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