A loan of $1,000 helped to improve his new opened grocery store.

Rateb's story

Rateb is a 41 years old married man, living in Chtoura with his wife and 4 kids. He works several jobs. First, he owns a shop where he sells gifts, gadgets, accessories and Hooka (i.e., a single or multi-stemmed instrument for smoking where the smoke is cooled and filtered by passing through water). The tobacco smoked using the Hooka is referred to as narghile or shisha (sheesha) in the United Kingdom, United States and Canada. Originally from India, hookah has gained popularity, especially in the Middle East and is becoming more popular in North America, South America, Europe and Australia.

Two months ago, Rateb opened a grocery store in order to increase his family's income. He is requesting a loan from Al Majmoua, in order to increase his capital and improve the grocery store. Rateb is well known in his region as an honorable man; he cares about customer satisfaction, which helps his business at the same time. This is Rateb's third loan cycle with Al Majmoua; his previous loans helped improve his social and financial situation.

Loan details

Lenders and lending teams

Loan details