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.
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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Success!! The loan was 100% repaid