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Rashid
Rashid is a 54-year-old married Lebanese man. He lives with his wife and three school-aged children. After many years of experience as a carpenter, Rashid decided to open his own carpentry business in 1990. He strives to work really hard in order to satisfy his family's needs and cover his children's school fees. He’s a reputable man who has gained a fair number of loyal customers so far. Today, he is asking for a loan from Kiva partner Ameen s.a.l. to purchase the needed quantity of wood for his work. He notes that this will improve his business and thus boost his productivity by 30%. In the future, he plans to take bigger projects outside the country.

Additional Information

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $15,255,400
    Funds lent in using Kiva
  • 1,500.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,100 helped Rashid to purchase the needed quantity of wood for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 27, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013