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Ali
Ali is a 61-year-old Lebanese married man living with his wife. He has owned a bakery since 1971. Despite his older age, Ali works hard to be able to handle the heavy costs of living. His freshly prepared goods are enjoyed by members of his village and neighboring towns. With his requested loan from Kiva partner Ameen s.a.l, he will expand his business and purchase a new oven. In that way, he will be able to increase his productivity therefore his sales and thus his income. He is optimistic and always thinks positively about the future of his business.

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
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • 1,500.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ali to expand his business and purchase a new oven.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2012
Listed
Apr 26, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013