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Connections
(from ONE Winter 2014)

CNEWA Microcredit Program Honored
Posted: 31 Dec 2014

In December, CNEWA was honored by the Citi Microentrepreneurship Awards Program as the “Most Innovative Microfinance Institution” in Lebanon. Four people who received microcredit loans through CNEWA won awards of excellence for their business enterprises, which stabilized their communities by offering employment. CNEWA is one of the leading organizations in microfinance in the region with more than $6 million in loans to more than 1,000 recipients through its 14 years of implementation. CNEWA’s program, with an overall 99 percent return on all loans, is among the highest anywhere.

To read more about the program and the awards, visit our blog ONE-TO-ONE at www.cnewablog.org/web/cnewahonored.