Ibdaa Microfinance is a pioneering initiative of the Arab Gulf Fund for Development (AGFUND) jointly with socially responsible Lebanese investors. The idea of establishing Ibdaa Network is attributed to H. H. Talal Bin Abdul Aziz who initiated the concept of Bank for the Poor across the Arab world. The institution aims at providing affordable microfinance services to the poor Lebanese and legal residents of Lebanon, to help them improve their quality of life and increase their overall family income, putting on the path of financial inclusion. Established as a joint-stock company with a capital provision of US 5 million, Ibdaa operates as a non-banking financial institution whose shareholders do not seek a return on their invested capital following a clear Social Business Model. The company launched its operations through its first branch in Beirut, back in July 1st, 2012. After focusing on micro and small entrepreneurs as well as productive women, Ibdaa aims at reaching a big number of clients through partnerships and a network of branches all over the Lebanese territory and a diversified range of loan products, and non-financial services. 

MISSION & OBJECTIVES

Ibdaa's mission is to contribute to the success of the efforts aiming at reducing the problems of poverty and unemployment in Lebanon by providing sustainable financial services to needy talented people and by targeting small entrepreneurs, women and the youth.
Ibdaa mainly targets productive women, micro/small businesses and the young entrepreneurs, while aiming to:
- Provide a range of financial and non-financial services that meet the needs of its clients;
- Achieve a wide outreach in urban,  semi-urban and rural areas by opening a wide network of branches, diversifying its product offering into new segments, and building strategic partnerships with other institutions;
- Spread the culture of microfinance and financial inclusion among Lebanese citizens as a means of local development;
- Become a financially sustainable microfinance institution by employing cost-efficient methodologies and accessing a broad variety of financing sources.

CORE VALUES OF IBDAA' LEABNON
  • Commitment to excellent service delivery with decent standards;
  • Transparency in providing services;
  • Non-partisan and equivalence in treating client;
  • Responding to clients' needs and adopting best practices;
BOARD OF DIRECTORS
ABO ALNASR ALMUTAZ ABED ELKADER GHANDOUR
Board Member
AHMAD TOUFIC TABBARAH
CHAIRMAN
ALMUTAZ WASEF ALSAWWAF
Board Member
Arab Gulf Fund for Development (AGFUND)
Board Member
BASSEM NICOLAS ZIYADEH
Board Member
HENRY MEKRDIJ SARKISSIAN
Board Member
MOHAMMAD SADEK WASEF ALSAWWAF
Board Member
NAFEZ MUSTAFA ALJUNDI
Board Member
H.E. NEHME YOUSEF TOHME
Board Member
TALAL KHALED IDRIS
Board Member