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Michael
Michael is a 22-year-old Lebanese single man. He lives with his parents and two siblings, one of whom is working. Michael’s father is the one responsible for paying his family expenses and supporting them. As for Michael, he has owned a clothing shop since 2010, and he’s well known for his fashionable and trendy style.

Today, he’s asking for a loan of $1600 from Kiva partner Ameen s.a.l to purchase a new winter collection of clothes in order to increase his sales and therefore enhance his way of living. In the future, he plans to open a new kids' section.

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 39
    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 $1,600 helped Michael to purchase a new winter collection of clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 24, 2011
Listed
Jan 24, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013