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Ali
Ali is a 25-year-old Lebanese married man. He lives with his wife and one child. He’s the main income provider for the family and their only support. For this reason, he decided to have his own business, hoping to add some special changes in their life.

After many years of experience as a barber, Ali opened his own barber shop in 2006. Today, he’s looking to borrow a youth loan, from Kiva partner Ameen s.a.l., to change his salon’s interior decoration and to purchase new barbering tools. In this way, he will be able to gain added clients and to improve his business. In the future, he plans to enlarge his salon and hire people to work with him.

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 of this entrepreneur 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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $14,580,575
    Funds lent in using Kiva
  • 1,502.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ali to change his salon’s interior decoration and to purchase new barbering tools.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2012
Listed
Feb 29, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013