Credit Access for War-Recovering Lebanese
More Information About this ProjectProject Needs and BeneficiariesTorn apart by last summer's war & w/ unemployment over 40%, credit is needed for projects too small & insecure to attract usual financial institutions. Unmet capital needs of poor create lost opportunities, marginalized economic participation, and poverty. With credit, poor families can harness existing skills & resources to meet their immediate needs & create future prospects. ActivitiesProvide seed funds; coaching & technical assistance on fundamentals like credit policies & procedures, client/business selection, bookkeeping, financial management; establish grassroots, sustainable microfinance institutions. Funding InformationTotal Funding Received to Date: $160 Funding InformationThis project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Progress Report" tab as they become available. Donors' contributions and pledges to this project totaled $160. The original project funding goal was $29,000. Additional DocumentationThis project has provided additional documentation in a PDF file (projdoc.pdf). Resources
Why this Project is ImportantPotential Long Term ImpactCreation of many revolving credit funds run independently by local nongovernmental organizations serving the entire country. Strengthening their ability to help people enhance their incomes & participate in rebuilding their country. Project Message
"We started in 1998 with $15,000 in capital to set up a credit fund for landmine victims & people with special needs. To date around 100 persons have been granted loans--much beyond our expectations." Who is Running This ProjectContact
Rabih Yazbeck, Project SponsorOrganization
Learn more about Near East Foundation (NEF) and the project team. Near East Foundation (NEF)'s Funded Projects on GlobalGivingWhere this Project is LocatedCountry
This project is located in For more information about Lebanon, read the Human Development Report on Lebanon or the Wikipedia entry for Lebanon. When this Project was UpdatedLast UpdatedThis project was last updated on March 07, 2007. Date Added to GlobalGivingThis project was added to the GlobalGiving project catalog on March 01, 2007. How Else You Can Help |
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Lebanon
Economic Development











