Funded

Total loan: $1,000
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Wafic

Lebanon
Bekaa, Lebanon / Construction

A loan of $1,000 helped to purchase new tools for his work and to do some maintenance work on his car.


Wafic's story

Wafic is a 65-year-old man who lives in the Bekaa, with his wife and their seven children. Wafic has been working as a mason for thirty-five years. He requested a loan of 1000 US dollars from Al Majmoua in order to purchase new tools for his work and to do some maintenance work on his car. This is his second loan and he has paid on time before this.

His previous loan helped him improve his work condition. His clients are people from his area. Wafic decided on doing his business because he learned it, which means he has experience in his business. In the future, he plans on expanding his business.



Loan details

Loan length:

14 months
Disbursed date: February 5, 2009
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 5, 2009
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development