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Asaad
Asaad is a fifty-four-year-old Lebanese married man living with his wife and three school-aged children. He’s is the one taking care of the family and covering the heavy life expenses. Asaad started his own work in 1989. He has been working as a car mechanic in his own garage and has gained a fair number of customers asking for his services.

Today, he’s asking for a loan from Kiva partner Ameen s.a.l to buy new mechanical tools for his business in order to respond rapidly to his clients’ problems. He believes that acting properly is really essential to attract more and additional customers. In the future, he plans to enlarge his garage and hire people to work with him.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $14,789,600
    Funds lent in using Kiva
  • 1,506.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Asaad to buy new mechanical tools for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2012
Listed
Mar 23, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013