Outcomes of Microcredit Provision to Syrian Refugees
Starting in 2011, millions of Syrians have been forced to leave their country due to an ongoing war. Many of the Syrian refugees entered Lebanon, which currently has the highest percentage of refugees relative to its population, where one out of every four inhabitants is a refugee. The government of Lebanon estimates that the country hosts 1.5 million Syrian refugees who have left their country since 2011 due to war.
The main goal of the study was to assess the socio-economic evolution of the refugee population and how microcredits induce or support choices and actions, and the impact of those actions. The study looked specifically at Syrian refugees that have moved to Lebanon after 2011 (the beginning of the war in Syria) who are current clients of Al Majmoua.