Funded

Total loan: $2,500
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Fares

Lebanon
Borj Barajneh, Lebanon / Auto Repair

A loan of $2,500 helped to purchase tools for his garage.


Fares's story

Fares is a 47-year-old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon, with his wife and their three children. Fares has owned a garage for 25 years. He repairs cars. He requested a loan of 2500 US dollars from Al Majmoua in order to purchase tools for his garage. This is his fourth loan cycle and he has always paid on time.

His previous loans helped him improve his garage. His clients are his friends and neighbors. Fares decided on doing his business because of his experience in that line of work. In the future, he plans on expanding his work.



Loan details

Loan length:

14 months
Disbursed date: April 7, 2009
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 7, 2009
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development