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Abbas
Abbas is a 23-year-old single man living with his parents and five siblings. His father is considered as the main income provider of the family. But since there are heavy expenses to cover, Abbas decided to start working at a very young age to provide his family with extra financial support. His job consists in buying wood for heating and reselling it to customers from his town. Today, he is requesting a youth loan from Kiva partner, Ameen s.a.l, to purchase more wood to sell. He notes that this business generates him good profits; and in the future, he plans to further expand his work and open his own business.

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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,166,350
    Funds lent in using Kiva
  • 1,507.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abbas to purchase more wood to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013