Funded

Total loan: $1,500
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Hayat

Lebanon
Tyre, Lebanon / Bakery

A loan of $1,500 helped to buy a bakery machine and tools to open a new branch.


Hayat's story

Hayat is a 58 year old widow who owns a bakery and works on a farm. She lives near Tyre and opened her shop last year. She is the only "saj" (thin pizza) baker in her town. She also makes special "katayef", a Ramadan season sweet.

At the beginning she had financial problems but the fact that she is an expert in her domain and that she works on a farm as well allowed her to provide herself with a more secure living.

This is her first loan. She is requesting a loan from Al Majmoua to buy a bakery machine and tools to open a new branch, as well as for maintenance costs in her shop. In the future, she wishes to open a big bakery and reach a larger number of clients.



Loan details

Loan length:

17 months
Disbursed date: March 1, 2011
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: March 1, 2011
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development