Check out some available loans that are similar to this one!
Ahmad
Ahmad is a 34-year-old Lebanese married man. He lives with his wife and two school-aged children at their modest house located in one of the beautiful Lebanese villages. Ahmad spent the last ten years in installing electricity. But he’s not the only one covering the family expenses; his wife, who prepares homemade food, is considered a good source of income for the family as well. Ahmad has also a parallel job; he works as an electrician at a local company. Ahmad always wanted to better develop his business and improve his work, but until now he has earned a barely fair income. For that reason he decided to take a loan from Kiva partner Ameen s.a.l to purchase an electrical generator for his business. He confirms that the loan will help him increase his projects and thus his income by 15%. And as Ahmad works independently, he wishes to have his own electrical equipment shop the soonest in order to keep on responding to his family expenses.

Additional Information

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
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $15,606,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ahmad to purchase an electrical generator for his business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013