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Ali
Ali is a 30-year-old Lebanese single man. He lives with his parents and one sibling. His father strives to work really hard in order to satisfy his family's needs. After fifteen years of experience as a carpenter, Ali decided to open his own carpentry in 2008. He’s a reputable person who has gained a fair number of loyal customers so far.

Today, he is asking for a youth loan of $1,600 from Kiva partner, Ameen s.a.l., to purchase an electric saw and a quantity of wood needed for his work. He notes that this will boost his productivity and thus improve his business. In the future, he plans to take on bigger projects outside the country.

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
  • 136
    View loans »
    Lebanon Loans Fundraising
  • $16,300,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Ali to purchase an electric saw and a quantity of wood needed for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2011
Listed
Jan 30, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013