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According to the Economist the environment for micro credit in Lebanon is weak and inefficient

22-10-2013

The Economist 2013 report noted that the support to the micro credit sector in Lebanon remains weak and inefficient as a result of political insecurity and of interest in this sector by the Ministry of Interior and Central Bank. The report which covered 55 countries in total ranked Lebanon 40th in terms of providing an environment conducive to micro lending.
To be noted that the study which only covered Lebanon, Morocco, Egypt, and Yemen from the Arab region, ranked Lebanon in the 11th place within the 15 surveyed countries of the  Middle East and Africa and 12th  among the 17 above average income countries surveyed in the study. Finally, the report estimated the number of micro lending organisations active in Lebanon to be about 20 institutions (mainly NGOs) and most of which are heavily located in major cities.
Source: L’Orient Le Jour
 

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