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Fadel
Fadel is a 22-year-old man from Lebanon living with his parents and three siblings. He started his career at a very young age working as a mechanic. He works on a freelance basis serving customers whenever they face car damages. In addition, he has worked as a driver in a local company since 2011. In Lebanon, it is common at all levels of society for people to have multiple businesses. It is often not enough to have an office salary or small shop to cover the increasing costs of food, housing, and other family expenses.

Today, Fadel is asking to borrow a youth loan from Kiva partner Ameen s.a.l to open a car repair shop and purchase the needed mechanical supplies to be able to serve his customers well. He is very motivated to achieve his goals and he is sure that he will earn good profits and live in better conditions.

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
  • 112
    View loans »
    Lebanon Loans Fundraising
  • $15,359,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Fadel to open a car repair shop and purchase the needed mechanical supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013