His father is the main income provider in the family and their only support. For this reason, Youssef decided to start his own business, hoping to take some of the responsibility off of his father.
So, after being involved in the barbering business for 10 years, Youssef opened his own salon in 2009. Now he’s looking to expand his business further.
Today, he’s requesting a youth loan of $1300 from Kiva partner Ameen s.a.l, in order to change his salon’s interior design. He notes that this may help him attract more customers and therefore increase his revenues.
In the future, he plans to enlarge his salon and hire people to work with him.
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 InformationDue 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.
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