A loan of $500 helped to attract new customers by diversifying his product line.

Ibrahim's story

Ibrahim is a 49-year-old man who lives in Bourj el Barajneh (in the southern suburbs of Lebanon) with his wife and their three children. For the past nine years, he has owned and operated a kiosk where he sells coffee, tea, candies, chicken, sandwiches, beverages, telephone cards, and makoucheh. (A mankoucheh looks like a folded pizza, and the most common toppings are zaatar (thyme), jebneh (cheese), and lahm bi ajin (minced meat); it can be eaten anytime of the day, but for some reason it tastes better in the morning.)

Ibrahim is requesting a loan in the amount of $500 via A. Majmoua in order to purchase telephone cards, candies, and tobacco. This is the first time that he has asked for a loan. Ibrahim hopes that the loan proceeds will enable him to diversify his product line, which will in turn help him expand his client base (his clients are mostly workers). When he first started his business, he lacked cash, but his business has been doing very well in recent years. In the future, he plans to expand his business into a restaurant business.

Loan details

Lenders and lending teams

Loan details