A loan of $2,000 helped to purchase raw materials and have some liquidity.

Rami's story

Rami is a 43-year-old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon, with his wife. Rami owns a bakery. He makes “saj”and “mankoucheh”. The “saj” is the metal oven where you make the saj bread. It's a traditional Lebanese cooking dome used to make Markouk (“thinned”) bread and doughy confections or Mankoucheh. A mankoucheh looks like a folded pizza, most common toppings are zaatar (thyme), jebneh (cheese) and lahm bi ajin (minced meat). You can eat it anytime of the day, but somehow it tastes better in the morning.

Rami requested a loan of 2000 US dollars from Al Majmoua in order to purchase raw materials such as oil, flour, thyme, cheese, and to have some liquidity. This is his second loan cycle and he has always paid on time.

His previous loan helped him improve his bakery. His clients are his friends and neighbors. When Rami first started his business, he had to face competition. He decided on doing his business because he wanted to improve his financial situation. In the future, he plans on improving his business.

Loan details

Lenders and lending teams

Loan details