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Toufic
Toufic is a 22-year-old, Lebanese man who is single. He lives with his parents and has two siblings who work. His father takes care of his family and he’s ready to help whenever needed.

As for Toufic, he started his own business in 2008. He specializes in installing and restoring solar energy systems. He works on a freelance basis upon customers’ requests.

Today, Toufic intends to take a youth loan from Kiva partner Ameen s.a.l. to buy the needed equipment for his business. This will enable him to improve his work.

In the future, Toufic plans to better develop his business and gain additional customers.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • 1,503.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Toufic to buy the needed equipment for his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2012
Listed
May 21, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013