A loan of $1,000 helped purchase new and more sophisticated tools for his business.


Moustafa's story

Moustafa is a 25-year-old man who lives in Tyre, southern Lebanon. He has been working as a mechanic for four years. He has requested a loan of 1000 US dollars from Al Majmoua in order to purchase new and more sophisticated tools for his business. This is the first time that Moustafa has requested a loan. Moustafa is exceptional in his work because his clients are collectors and dealers of old cars, and also because of his good reputation. Moustafa’s business is to recreate the old body of used and damaged cars. When he first started his business, he had difficulties purchasing his own machinery and tools needed for the business. In the future, he plans to purchase a big oven for painting which will help him in his business.



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Loan details