Credit Access for War-Recovering Lebanese
Lebanon War Recovery
SummaryEstablish 4 revolving credit funds run by community-based Lebanese organizations, providing loans for small enterprises, often household-based, to help poor families in war recovery & self help.
How Donors Like You Helped
Thanks to donors like you, a total of $160 was raised for this project. Other Projects Run By Near East Foundation (NEF) That You Can Help
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Received $160 from 4 donations from people like:
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(Anon.)
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More Information About this Project
Project Needs and Beneficiaries
Torn 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.
Activities
Provide seed funds; coaching & technical assistance on fundamentals like credit policies & procedures, client/business selection, bookkeeping, financial management; establish grassroots, sustainable microfinance institutions.
Funding Information
Total Funding Received to Date: $160
Funding Information
This 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 Documentation
This project has provided additional documentation in a PDF file (projdoc.pdf).
Resources
- Project's External Homepage (http://www.nefdev.org)
- Community-Based Credit in Lebanon Revisited (http://www.neareast.org/main/news/article.aspx?id=553)
- NEF Builds On 10+ Years of Micro-Credit Experience (http://www.neareast.org/main/news/article.aspx?id=552)
- Community-Based Credit - Basic Approach (http://www.neareast.org/main/news/article.aspx?id=87)
- Credit Made Available to Lebanese NGOs (http://www.neareast.org/main/news/article.aspx?id=471)
Why this Project is Important
Potential Long Term Impact
Creation 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."
- Nada Ismaeil, Caring for the Handicapped Charitable Association
Who is Running This Project
Contact
Rabih Yazbeck
Regional Information Officer
P.O. Box 821
Amman, 11118
Jordan
+(962-6) 461-7441
Email:
Project Sponsor
Organization
Near East Foundation (NEF)
90 Broad Street 15th Floor
New York,
NY
10004
United States
+1 (212) 425-2205
http://www.neareast.org
Near East Foundation (NEF)'s Current Projects on GlobalGiving
 Sudan Community Health Center |
 Literacy for Moroccan Girls |
 Supplemental Nutrition for West Bank Children |
 Clean Water For Sudanese War Refugees |
Near East Foundation (NEF)'s Funded Projects on GlobalGiving
Where this Project is Located
Country
This project is located in 
Lebanon
and can also be found under 
Economic Development.
For more information about Lebanon, read the Human Development Report on Lebanon or the Wikipedia entry for Lebanon.
When this Project was Updated
Last Updated
This project was last updated on November 6, 2009.
Date Added to GlobalGiving
This project was added to the GlobalGiving project catalog on March 1, 2007
