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Ashraf
Ashraf is a 24-year-old Lebanese single man. He lives with his parents at their modest house located in one of the beautiful Lebanese villages. Ashraf spent many years in solving home electricity issues, but he’s not the only one covering the family expenses: he has his father, who is considered the main income provider in the family.

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.

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
  • 97
    View loans »
    Lebanon Loans Fundraising
  • $16,152,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Ashraf to renew his electrical equipment and purchase needed items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2012
Listed
Sep 29, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013