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Mariam
Mariam is a 27-year-old married Lebanese woman. She lives with her husband and three children. Two of her children are still attending school.

Her husband is past the age of 64, so she decided to manage his car repair business that he has owned for many years. She handles tasks such as the business expenses, returns, appointments etc. Her husband assists her with the work.

Even though they are content, they suffer from a bad financial situation so Mariam's requesting a youth loan from Kiva Partner Ameen s.a.l. She is requesting this loan in order to improve their business by purchasing mechanic tools. She anticipates that by purchasing these tools her income will increase by a minimum of 20%.

She works all the time because she is responsible for paying study fees for her children. In the near future, Mariam needs a break from the business and some rest so she has to act fast to get the business in good shape, so that she can allow her son to handle the business, and maybe hire new employees.

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

  • $5,900
    Average annual income
  • 93
    View loans »
    Lebanon Loans Fundraising
  • $15,270,300
    Funds lent in using Kiva
  • 1,500.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mariam to improve their business by purchasing the needed mechanic tools.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2012
Listed
Jul 6, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013