Sunday, April 19, 2009


I made a loan today to Nizar in Lebanon.

Nizar is a 42 year old Man who lives in Saida, southern Lebanon. He has owned a phone shop for a year and a half. Nizar also sells recharge phone cards. He requests a loan of $2500 from Al Majmoua in order to purchase recharge cards. This is the first time Nizard has requested a loan.

Nizar is special in his work because he has competitive prices. His clients can be anybody. When Nizar first started his business, he didn’t face difficulties. In the future, he plans on expanding his business.

No comments: