A loan of $1,000 helped to increase his product inventory.

Imad's story

Imad is a 31-year-old single man from Baalback. He owns a shop where he sells Hookah (also known as a waterpipe) which is a single or multi-stemmed (often glass-based) instrument for smoking in which the smoke is cooled and filtered by passing through water. The tobacco smoked is referred to as narghile or shisha (sheesha) in the United Kingdom, United States and Canada.

Originally from India, Hookah has gained popularity, especially in the Middle East, and is gaining popularity in North America, South America, Europe and Australia since 2001. Imad's business is expanding since the Hookah is expanding a lot in the region. Most of Imad's clients are friends, neighbors, relatives and some passing by.

In addition to Hookah users, there are cafe owners who change their Hookahs continuously. Imad is requesting a loan from Al Majmoua for the second time, in order to increase his Hooka's inventory and to buy necessary household appliances. His previous loan was very efficient and it affected him positively, both socially and economically. He hopes to expand his business through starting a wholesale trade in the future.

Loan details

Lenders and lending teams

Loan details