A loan of $800 helped jaber needs the loan to start his new business: selling used furniture.

Jaber's story

Jaber is a 40-year-old man who lives in Saida, in southern Lebanon, with his wife and their four children. Jaber is a fisherman, but it is not his only work. He also trades used furniture. He has been a fisherman for more than 15 years. Fishing has been his hobby since he was a child. With time, his hobby became his business, but now he wants to start a new business selling used furniture.

Jaber has asked for a loan of $800 from Al Majmoua to start his new business. His will use the loan for trading used furniture. This is the first time that he requested a loan.

Jaber works all year long. He fishes all the time, whether the weather is cold or not. He usually uses a cage, a fishing cane, and a net. His customers are traders at Saida’s port.

When he first started his business, Jaber didn’t have enough funds to purchase material, which made him accumulate debt. Indeed, he needs the loan in order to help him start his new business selling used furniture.

Loan details

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Loan details