Funded

Total loan: $2,000
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Bassam

Lebanon
Tyre, Lebanon / Education provider

A loan of $2,000 helped to settle the debts of his children's school tuition fees.


Bassam's story

Bassam is a 41-year-old, married father of three children. Since 1996, he has been employed in a laboratory of dental equipment. His wife is unemployed which makes him the exclusive financial provider of the family. His three children are in private schools, which means that he has to pay the tuition fees on top of the family expenses for food and other necessities, while his income is barely enough to provide for all these expenses.

Bassam contacted Al Majmoua Lebanese Association for Development in order to acquire a loan that would help him settle the debts of his children's school tuition fees. This would be greatly beneficial because it would alleviate the burden of the expenses and would help him provide a better life for his family.

As for his future career plans, Bassam wishes to expand the laboratory he works in.



Loan details

Loan length:

17 months
Disbursed date: May 16, 2013
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: May 16, 2013
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development