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Expanding Microfinance in Rural Lebanon

2014Time: 4:42USAID

This is the story of a USAID project, Lebanon Investment in Microfinance Program, which worked with nine microfinance institutions to improve access to finance and increase lending to business owners in rural Lebanon. The program awarded about $10 million in grants to microfinance partners, who then made 14,000 micro-loans totaling more than $30 million. In 2015, the nation’s first microfinance association was formed, which will better serve the needs of small business owners throughout Lebanon.

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