The Lebanon Investment in Microfinance program implemented by the International Executive Service Corps (IESC) is administering grants to microfinance organizations operating in rural communities around Lebanon. These organizations then disburse loans to micro-enterprises in the tourism, ICT, and agribusiness sectors. Through increased access to finance and business development services, LIM helps microenterprises increase their incomes and create new jobs. USAID expanded the program in 2013 in order to help serve regions that have been impacted by the Syrian refugee crisis.
Since inception, the $9,540,501 in grants has achieved a total disbursement of $30,635,657 LIM & $5,205,087 Feed the Future (FTF) funds over 13,238 LIM & 1,687 FTF loans. In Quarter 2 of fiscal year 2015, the final quarter of implementation, the nine partners achieved a total disbursement of $3,313,239 ($2,304,543 LIM +$1,008,696 FTF) over 1,106 (778 LIM +328 FTF) loans.