A loan of $700 helped to purchase stock of juice bottles.

Mohamad's story

Mohamad is 56 years old and lives with his wife and four children in a town close to Saida, in the south of Lebanon. He owns a grocery store and has been a microcredit client of Al Majmoua for the past five years.

Mohamad is a very ambitious and motivated man. With the help of previous loans, he gradually expanded his business. He used the first loan of $1200 to purchase more goods for his shop. The second loan was to purchase a new truck to sell potatoes. Presently, he needs $700 to purchase a stock of juice bottles. Indeed, during the summer season there is an increased demand for such products and he needs to pay for the increase in inventory in cash to the supplier.

Loan details

Lenders and lending teams

Loan details