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Joseph
Joseph is a 26-year-old Lebanese single man living with his parents and one sibling. He has owned a mobile phone shop since 2009 in which he sells mobile phones as well as rechargeable cards. Today, he is requesting to borrow a youth loan from Kiva partner Ameen s.a.l to purchase cellular phones and prepaid telephone cards. The majority of mobile phone users in Lebanon purchase these cards; that’s the reason why Joseph seeks to acquire these purchases so as to be able to increase his sales by a large percentage.

This is Joseph's first Kiva loan and he is very optimistic about what he will attain monetarily after getting it. In the future, he is looking to further expand his business and increase its capital.

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
  • 55
    View loans »
    Lebanon Loans Fundraising
  • $14,734,200
    Funds lent in using Kiva
  • 1,503.4
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Joseph to purchase cellular phones and prepaid telephone cards.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013