A loan of $1,000 helped to open a new clothing shop.

Wafaa's story

Wafaa is a 37-year-old single woman from Lebanon and the owner of a mini-market (grocery store) where she has sold groceries, refreshments and cleaning products since 2006. Wafaa used to work in a shoe store but she had to stop, instead, investing her money in her own business.

This is the first time Wafaa has requested a loan from Al Majmoua. She will use the loan to open a new clothing shop of her own to improve her income and her parent’s living standard.

Wafaa is well-known in her area. She believes her business will be visited by many neighbors and relatives in addition to passersby who will find the good quality of product she has. She hopes to own a bigger boutique in the future.

Loan details

Lenders and lending teams

Loan details