Ashraf always wanted to better develop his business and improve his work, but until now he earns a barely fair income. For that reason he decided to take a youth loan from Kiva partner Ameen s.a.l to renew his electrical equipment and purchase needed items. He confirms that the loan will help him increase his sales and, thus, his income by 15%. And as Ashraf works independently, he wishes to have his own electrical equipment shop soon in order to keep on responding to client demand the best he possibly can.
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 InformationDue 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.
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Success!! The loan was 100% repaid