Imad is a 29-year-old Lebanese man living with his wife and only child. He has owned a plant nursery since 2002. In parallel, he has worked as a painter for many years to supplement his income and better support his family. 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 he is requesting a youth loan from Kiva's partner, Ameen s.a.l, to purchase plants and agricultural products to increase his business productivity and therefore his profits. He is very confident that he will be able to achieve substantial growth in the coming season and hopes that the loan will help him increase his income by 15%.
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.
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.