Funded

Total loan: $1,000
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Said

Lebanon
Tyre, Lebanon / Grocery Store

A loan of $1,000 helped to purchase merchandise for his store.


Said's story

Said is a 63-year-old man who lives in Tyre, southern Lebanon, with his wife and their two children. Said has owned a grocery store since 2000. He sells candies, canned food, home cleaning products, etc… He requested a loan from Al Majmoua in order to purchase merchandise for his store. This is the first time that he has requested a loan.

Said is special in his work because he opens early in the morning and closes late in the evening. His customers are his friends, neighbors, and traders. When he first started his business, he didn’t have enough cash to purchase a lot of merchandise. He decided on doing his business because he wanted to supplement his wife’s income, and also, he always wanted to work for himself. In future, he plans to keep on improving his store by diversifying his merchandise.



Loan details

Loan length:

14 months
Disbursed date: February 22, 2010
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 22, 2010
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development