Funded

Total loan: $2,000
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Mohamad

Lebanon
Tripoli, Lebanon / Auto Repair

A loan of $2,000 helped to purchase tools for his work.


Mohamad's story

Mohamad is a 26 year old man who lives in Tripoli, northern Lebanon. Mohamad has been working as a car electrician since 2005. He requested a loan from Al Majmoua in order to purchase tools for his work. This is his third cycle and he has always paid on time. His previous loan helped him improve his work. His clients are his friends and neighbors. When he first started his business, he had some financial issues to purchase the required tools. Mohamad decided on doing his business because of his experience, but the idea came randomly after he had to repair his own car, he saw that he liked the job. In the future, he plans on improving his work.



Loan details

Loan length:

17 months
Disbursed date: October 12, 2009
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: October 12, 2009
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development