A loan of $600 helped to purchase of scarves and women's underwear and increase the inventory of her clothing shop.

Hayat's story

Hayat, 53-years old, married and mother of two children, runs a small clothing business in the village of Deir Qanoun, close to the city of Tyre, South Lebanon. In order to adapt to the financial situation of the people living in her neighborhood, she offers a large variety of clothes in different price ranges. She buys cheap clothes from Syria and sells them at affordable prices to low income households. She also buys good quality clothes from Dubai that she sells to financially better-off families. Hayat started to buy goods from Dubai after her elder son moved there.

This is the second time Fatmeh requests a loan from Al Majmoua. She is requesting a loan of $600 so her son can purchase scarves and women's underwear in Dubai and ship the goods to Lebanon.

Fatmeh is part of a group loan with other women from the same village. A group is usually constituted of self-chosen women, living in vulnerable conditions, mostly in rural areas. The group lending is based on incremental increase of loan amount and group solidarity to guarantee repayment. The strength of the group loan is that it encourages the collaboration approach in the borrowing community. It is a very powerful tool towards economic empowerment of women.

Loan details

Lenders and lending teams

Loan details