A loan of $3,000 helped to purchase merchandise for his shop.

Mohammad's story

Mohammad is a 60-year-old man who lives in Beirut, the capital of Lebanon, with his wife and their three children. Mohammad has owned an accessory shop for 39 years. He sells toys, souvenirs, makeup, perfume and other accessories. He requested a loan of $3000 US from Al Majmoua in order to purchase merchandise for his shop. Mohammad has been a microcredit client for seven years now and has always paid on time.

His previous loans helped him improve his shop by diversifying his products and improved his financial situation. Mohammad's business is special because of his large variety of products and his good reputation. His clients are his friends and neighbors. Mohammad didn’t face difficulties starting this business. He decided on this venture because, when he was young he used to sell perfumes and makeup, but he lost his job because of the war. That's when he decided to open his own shop. In the future, he plans on expanding his business.

Loan details

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Loan details