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2016


Timeline of activities 2016

  • Crossing the 60,000 active clients mark
  • Opening two branches in Halba and Jadra
  • Establishing three new departments:
  • Product Development
  • Marketing and Customer Service
  • Risk Management
  • Launching new products:
  • Refugee loan
  • Group loan for Palestinians
  • Individual loan for women without a guarantor
  • Signing new partnership agreements with:
  • 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
  • Organizing 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
  • Providing legal counseling to female micro entrepreneurs and supporting trade name registration at the Ministry of Economy
  • Participating in the Citi Microentrepreneurship Awards where four of Al Majmoua’s clients won valuable prizes


2017


Timeline of activities 2017

  • Crossing the 70,000 active clients mark
  • Opening a new branch in Koura
  • Launching the Alternative Energy Loan
  • Signing new partnership agreements with:
  • 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
  • Supplying 19 cooperatives with necessary productive inclusion for the development of a mobile app that targets the unbanked in Lebanon
  • Developing Al Majmoua’s brand book that explains the brand’s identity and standards
  • Participating in the CITI Microentrepreneurship Awards where four of Al Majmoua clients won valuable prizes


2018


Timeline of activities 2018

  • Crossing the 83,000 active clients mark
  • Opening one branche in Douris
  • Restructuring the VSE loan
  • New partnerships signed 2018:
  • International Finance Corporation
  • COOPMED SA
  • 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
  • Internation 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.

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