Funded

Total loan: $2,000
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Toufic

Lebanon
Ain, Lebanon / Mobile Phones

A loan of $2,000 helped to capitalize his mobile phone business.


Toufic's story

Toufic, 21, is a single man who has been working in the mobile phone sector for five years. He started working early because he had to contribute to his family's income to cover part of their expenses, which he still does.

Toufic is requesting his third loan from Al Majmoua to use as capital for mobile phones and accessories for the summer season, since many tourists visit his region and he has to be ready for their needs. He has a good reputation and provides the best customer service, starting with the peaceful smile he draws on his customers faces from the moment they enter his shop.

Toufic is a good-standing borrower. He hopes to expand his business and open a new branch in the future.



Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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