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Anonymous
This Kiva borrower is a 20-year-old single man from Lebanon. Despite his young age, he has 4 years of experience working with mobile phones. He began as an employee in a mobile phone shop and opened his own store in 2008. With his requested loan of US$ 2000 from Kiva partner Ameen s.a.l., he will increase his merchandise selection and purchase prepaid telephone cards which he then sells. This will be his second loan.

The majority of mobile phone users in Lebanon purchase these prepaid cards; it is less common to have an annual phone contract. In the future, he is looking to further expand his business and increase his capital.

Additional Information

Important Information

Due to political and social challenges in Lebanon, personally identifiable attributes entrepreneurs may have been altered to protect their privacy (i.e., blurring portions of the borrower's picture, not indicating a name and location, etc.). Vitas appreciates Kiva lenders' understanding of these challenges and encourages them to continue their support for Lebanon's borrowers.

About Lebanon

  • $5,900
    Average annual income
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped this borrower increase his merchandise selection and purchase prepaid telephone cards for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2010
Listed
Sep 22, 2010
Currency Exchange Loss:
N/A
Ended:
May 15, 2012