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Abbas
Abbas is a 25-year-old single man from Lebanon. He is living with his parents and two siblings, one of whom is working.

In 2006, in order to supplement the family’s income, he decided to start his own work as a farmer. He learned this profession from his father who until now was considered their main income provider. His job consists of cultivating seasonal fruits and vegetables. He works on his own land and knows very well how to take care of his harvestings.

Today he is asking to borrow a youth loan from Kiva partner Ameen s.a.l. to purchase the required agricultural tools and supplies, seeds and fertilizers. He states that the loan will certainly help him increase his business productivity by a fair percentage, which will return higher profits. In the future, he plans to take more Kiva loans and expand his lands with a wider variety of fruits and vegetables.

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

  • $5,900
    Average annual income
  • 82
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Abbas to purchase the required agricultural tools and supplies, seeds and fertilizers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2012
Listed
Dec 5, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013