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Fakhry
Fakhry is a 23-year-old Lebanese man. He’s single and living with his parents and only one working sibling. His father is working under pressure and seeking to offer them a respectable way of living.

Unlike other people in his age, Fakhry was ready to take responsibilities and start his own business. He has been working as cellphone and recharge cards trader since 2008. In order to increase his sales and develop his business, he decided to borrow a youth loan from Kiva partner Ameen s.a.l to purchase additional cellphones and recharge cards. In the future, he plans to open his own cellphone shop.

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
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $15,822,800
    Funds lent in using Kiva
  • 1,506.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Fakhry to purchase additional cellphones and recharge cards.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2012
Listed
Mar 26, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013