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Hussein
Hussein is a 27-year-old Lebanese married man. He’s living with his wife and one school-aged child. He’s the main income provider for his family and he takes care of them. Hussein opened his paint shop in 2006 where he sells all types of paints in addition to some industrial equipment.

Today, he has the intention of borrowing a youth loan of $2,600 from Kiva partner, Ameen s.a.l., to purchase a quantity of paints and other supplies for his shop. In that way, he will be able to respond rapidly to his customers' demands and therefore get higher returns.

In the future, he plans to work as a wholesaler and sell paints to the neighboring shops.

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

  • $5,900
    Average annual income
  • 101
    View loans »
    Lebanon Loans Fundraising
  • $15,091,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,600 helped Hussein to purchase paints and other supplies for his shop.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2011
Listed
Jan 30, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013