Funded

Total loan: $1,000
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Ali


A loan of $1,000 helped ali will use the loan to purchase a new coffee machine and raw materials.


Ali's story

Ali is a 40-year-old man who lives in Bint Jbeil, southern Lebanon, with his wife and their four children. Ali has owned a coffee shop. He sells all kind of coffee, teas and Nescafe. He requested a loan of 1000 US dollars from Al Majmoua in order to purchase a new coffee machine and raw ingredients. This is the first time that Ali has requested a loan.

Ali is special because he knows how to treat his clients. His clients can be anybody, but mostly his friends and neighbors. When he first started his business, he didn’t have the start-up capital. In the future, he plans to purchase an ice cream fridge.



Loan details

Loan length:

14 months
Disbursed date: February 17, 2009
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 17, 2009
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development