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Ali
Ali is a single 22 year old Lebanese man living with his parents. Regardless of his young age, Ali is doing the best he can to collect money to have his own family and children. Ali's father is the only source of income in the family and took on all expenses and responsibilities, not forgetting that Ali is a great support for him.
For this reason, Ali decided to open a poultry shop a few years ago. He also sells fish upon request and if it’s available. He’s well known for his generosity and good products. Today, he’s looking to borrow a youth loan from Kiva partner Ameen s.a.l. to purchase a new freezer for his business. In that way, he will be able to maintain the food in good conditions. He notes that this will return to him high profits. In the future, he seeks to open his own snack shop.

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
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • 1,500.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ali to purchase a new freezer for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2012
Listed
Jul 13, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013