A loan of $1,200 helped to buy a new van to expand his business.

Mouhamad's story

Mouhamad is a 45-year-old married man, living in Tyre with his wife and four kids. Mouhamad works in whole sale trade. He has been selling candies, biscuits and chocolate for 15 years. He works out of his small van, which he uses to travel among villages in order to promote and sell his goods.

Mouhamad is an Al Majmoua borrower for the third time and all of his previous loans were used to increase his business capital. This time Mouhamad states that he's happy and satisfied with his present capital, but would like to exchange his van for a bigger one that can fit all his goods. He is intending to sell his present van and add to its price the requested loan amount to pay for the new one he chose.

Mouhamad is a person who's always grateful for what he gets and who, at the same time, works hard on improving himself. He hopes to expand his business through reaching more targeted clients.

Loan details

Lenders and lending teams

Loan details