Funded

Total loan: $2,000
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Ali

Lebanon
Bint Jbeil, Lebanon / Services

A loan of $2,000 helped to purchase new thread and repair one of his sewing machines for his work.


Ali's story

Ali is a 28-year-old man who lives in Bint Jbeil, southern Lebanon, with his wife and their three children. Ali has been working at furniture repair for almost ten years now. He also sells furniture, but it is usually used furniture that he repairs and then sells later on.

Ali decided on doing his business because he learned it when he was young and gained lots of experience. He also said that he is creative and always follows furniture fashions, that’s what makes him special. When he first started his business, he had to face some financial issues since the price of the thread and machines is expensive.

Ali requested a loan from Al Majmoua in order to purchase new thread and repair one of his sewing machines for his work. This is his second loan and he has always repaid on time. His clients can be anyone from his region. He also has attractive and competitive prices because he wants to keep on increasing his networking and grow his client base.



Loan details

Loan length:

20 months
Disbursed date: January 13, 2010
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: January 13, 2010
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development