Armen is a 29-year-old Lebanese single man living with his parents and one sibling. He has owned a car repair shop since 2005 and has 10 years of experience working in the same occupation. He works very hard in collaboration with his father to support the family. Recently, he hired a part-time employee to help him complete the work. Today, he is requesting a youth loan from Kiva partner Ameen s.a.l to purchase car spare parts at good prices. He notes that these purchases will allow him to provide better services to his customers. In the future, he plans to expand his business into other areas. He is optimistic about his business development and hopes that the coming years will bring positive growth.
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.
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.