Funded

Total loan: $1,500
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Nabiel

Lebanon
Aley, Lebanon / Auto Repair

A loan of $1,500 helped to purchase tools for his garage.


Nabiel's story

Nabiel is a 48-year-old man who lives in Aley, Mount Lebanon with his wife and their two children. He has been working as a car repairer for over 15 years. He also sells car spare parts. His clients can be anyone from his region. When he first started his business, he didn’t face difficulties, whereas today he is facing competition, and he needs to be aware of new sophisticated tools, and purchasing these is a bit difficult since they cost a lot.

Therefore, he is requesting a second loan from A. Majmoua (knowing that he paid his previous loan on time) in order to purchase tools for his garage. These will allow him to improve his work quality, efficiency and financiA. situation. When Nabiel opened his garage, he decided to set up his business because he likes his work and he also wanted to have independent work. In the future, he plans to further improve his work.



Loan details

Loan length:

14 months
Disbursed date: February 15, 2010
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 15, 2010
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development