This loan product is part of Al Majmoua’s efforts to help people in Lebanon who have medical expenses they can’t afford. Many Lebanese face challenges in covering health-related expenses, due to the relative high cost of medical care compared to household income in the country. With this product, borrowers can use their loan to cover any costs related to medical treatment or health care, whether for themselves or for a family member. By supporting this loan, you are helping people in Lebanon meet their health care needs.
About Al Majmoua:
The Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon’s diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.
Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.
A loan of $2,000 helps cover expenses needed to perform a surgery.