Funded

Total loan: $1,500
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Magid

Lebanon
Dahieh, Lebanon / Grocery Store

A loan of $1,500 helped to add summer products such as ice-cream and cold drinks to sell.


Magid's story

Magid is a 35-year-old single man living in Dahieh. Since 1993, he has owned a grocery store. He is a hard worker who is beloved by all his neighbors and friends, many of whom are his customers.

Magid is requesting his third loan from Al Majmoua to add summer products such as ice-cream and cold drinks to sell and increase his business capital. He will also use his loan to fully repay a loan on his new car. Magid hopes to expand his business in the future and he is also planning to start his own small family.



Loan details

Loan length:

14 months
Disbursed date: April 6, 2011
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 6, 2011
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development