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Rashed
Rashed is a 59-year-old Lebanese man. He got married to Wafaa and has two children. One is studying and the youngest is working. Rashed is the one responsible for managing his family’s household expenses while operating his business and paying his child’s study fees as well.

He has been the owner of a home products shop since 2009. He sells different types of plates, plastic items, cups, and many other products at reasonable prices. Rashed keeps on working very hard in order to maintain his family’s financial status at a good level.

Today, he is requesting to borrow a loan from Kiva Partner Ameen s.a.l. to expand his product inventory. In that way, he will be able to boost his sales, thus his income by at least 15%. He badly wishes to amplify his income to offer his family a respectable life far from problems and complications.

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
  • 61
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Rashed to expand his product inventory.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013