Funded

Total loan: $2,500
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Fady

Lebanon
Beirut, Lebanon / Auto Repair

A loan of $2,500 helped to purchase tools for his garage.


Fady's story

Fady, 44, lives in Beirut, the capital of Lebanon, with his wife and their two children. Fady has been working as a car repairer since 2006. His clients are his friends and neighbors. When he first started his business, he said that, as with every startup business, he had some difficulties, but nothing to talk about. He decided to start his own business because of his experience, his enjoyment of this trade and his desire for independent work. He has requested his first loan from Al Majmoua in order to purchase tools for his garage. In the future, he plans on improving his business.



Loan details

Loan length:

14 months
Disbursed date: February 17, 2010
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 17, 2010
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development