Mehemmed M. has been working in the construction business since graduating from high school. He was born and raised in Libya and originally started out in the oil and gas construction business. Mehemmed, accompanied by his wife, came to the United States in 2008 on a scholarship from the Libyan government. He finally found a job with a small construction firm owned by a friend. He really loved his new job and decided to take it a step further, starting his own construction company in June 2010. In addition to starting his own business, Mehemmed has been pursuing his Masters degree in Civil Engineering, which he plans to complete this year. He also has a 9-week-old child.
This loan helped Mehemmed pay membership fees required to be on five websites that connect companies like his to clients who need services his company provides. Being listed on these websites will help him extend his network and help him get more business. He hopes to build a good credit record with this loan so that he can apply for a bigger loan in the future.
Mehemmed believes that despite risks of failure, there are unlimited opportunities available to entrepreneurs. He is both a believer in and a testimony of the significant change microcredit makes in the lives of people around the world.
LiftFund. (www.liftfund.com) is an award-winning nonprofit organization (previously known as Accion Texas) with a mission to provide credit and loans to small and start-up businesses that have limited or no access to credit from commercial sources. Established in 1994 in San Antonio, LiftFund has helped Texas and Louisiana entrepreneurs strengthen their businesses, stabilize and increase their incomes, create employment, and contribute to the economic revitalization of their communities. Learn more at www.liftfund.com.