Loan Illustration

Je suis veuve et mère de deux enfants. J'ai travaillé dur ces 25 dernières années pour subvenir à leurs besoins, par mon activité de tricot. L'an dernier…

Production Weaving

Lebanon Lebanon

Loan amount €2,460

Funded 100%

by 32 members

Funding disbursed to MFI, repayments ongoing

Disbursement date: 08/01/2017
Final repayment of the loan: 11/01/2018

MicroWorld's investors have funded: €2,460

Nada - Purchase more stock


First name: Nada
Gender: Female
Age: 55
Marital status: Widowed
Number of children: 2
Region: Beirut
Main activity: Production / Textiles / Weaving

Loan Request

Purpose: Purchase more stock
Amount: €2,460
Duration: 15 months
Loan type: in fine
The loan is reimbursed in one installment at the maturity date of the project (principal and possible interests).
Note: additional time may be necessary for the funds to be credited on the lenders' accounts due to delays in international transfers.

Borrower's quote

Je suis veuve et mère de deux enfants. J'ai travaillé dur ces 25 dernières années pour subvenir à leurs besoins, par mon activité de tricot. L'an dernier j'ai ouvert ma propre boutique dans laquelle je vends mes objets en laine et je diversifie mes produits. Avec ce prêt je vais agrandir mon stock de vêtements notamment avec une collection spéciale pour l'été. C'est mon sixième emprunt chez Al Majmoua. Avec les précédents j'ai pu développer mon business et donner à mes enfants un quotidien meilleur. Avec mes revenus futurs, je vais faire des travaux dans la maison car nous avons eu des problèmes l'hiver dernier. J'utilise également Internet pour développer mon activité et augmenter ma production. Je suis grand-mère de trois beaux enfants et j'espère que mon fils cadet va bientôt se marier.

Economic and social context



The Lebanese terrority, which is half as small as French Britanny, is composed of an unmatched variety of landscapes, including sunny Mediteranean shores, snowy mountains with the country's famous cedar trees, deserts, and flatlands.
Country's key figures - source Worldbank
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

MFI Status

This loan is managed locally by our field partner Al Majmoua which is in charge of administrating the loan and repaying MicroWorld lenders.

You should be aware that lending involves a risk of non-repayment. However, the risk associated with this MFI is considered lower than average.

Rates and transparency

  • This loan is at 0% and does not pay any interest to the lender.
  • The MFI will reimburse the lender in case of default of the entrepreneur but there is no guarantee or insurance given by the MFI.
  • 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.
  • The platform 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.
  • Read the model of loan agreement


Al Majmoua

Al Majmoua

Al Majmoua, the Lebanese Association for Development is an independent, non-profit Lebanese NGO. 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. Currently, Al Majmoua offers group, individual loans, and free non-financial services for business development, product improvement, marketing, networking, and personal development to its borrowers and non-borrowers.

Key figures - 31/12/2014
Legal StatusNGO
Number of Borrowers48,708
Portfolio Size$41,395,838
PAR (Portfolio at Risk)0.72%
R.O.A (Return on Assets)10.59%
Active clientsFigures
Percent of women55%
Percent of youth32%
Percent of non-Lebanese16%
People located in rural area43%
Social indicators
Average amount / GDP per capita (Accessibility for the poorest)85%
Percentage of women borrowers (women's economic empowerment)43%
Savings accounts opened by customersNo (due to legal status)
Guarantees required to access a loanThird party deposit
Loans for social purposesHousing, post-conflicts reconstruction