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Michael
Michael is a 42-year-old Lebanese single man living with his parents and one relative. Like every man of his age, Michael is looking to have his own family and kids. For this reason, he decided to open his own business. In 1991, he opened a snack bar in his town where people meet and enjoy eating. He’s well known for his good food and good reputation. Today, he’s requesting a loan of $1800 from Kiva partner Ameen s.a.l to purchase a new refrigerator for his business. With a refrigerator, he can keep the food safe and gain his customer’s trust. In the future, he plans to open his own restaurant.

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

  • $15,800
    Average annual income
  • 60
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Michael to purchase a new refrigerator for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2011
Listed
Dec 3, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012