Funded

Total loan: $1,500
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Imad

Lebanon
Metn, Lebanon / Restaurant

A loan of $1,500 helped to purchase a new "shawarma" machine.


Imad's story

Imad is a 39-year-old married man, living in a village in Mount Lebanon. His wife is a school teacher in one of the neighboring schools.

He is the owner of a small restaurant in his village, which has been his major financial resource for four years. Imad decided to contact Al Majmoua and acquire a loan in order to purchase a new "shawarma" machine (Shawarma is a meat preparation where meat is mixed and placed on a vertical rotating spit to be grilled for as long as a day). This will enhance his working capital and enlarge the range of foods he offers to his customers.

In the future, Imad hopes that the situation of the country will get better in order for him to be able to open up a second branch.



Loan details

Loan length:

14 months
Disbursed date: June 24, 2013
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: June 24, 2013
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development