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Mohammad
Mohammad is a 24-year-old Lebanese single man. He lives with his parents and three siblings at their modest house located in a beautiful Lebanese village. Mohammad spent the last three years working in electronics until he decided to open his own shop. But he’s not the only one covering the family expenses; his youngest brother and parent are also supplementing the family’s income.

Mohammad always wanted to better develop his business and improve his work as well, but till now he has earned a barely fair income. For that reason he decided to take out a youth loan from Kiva partner Ameen s.a.l to renovate his shop and change its interior decoration. He confirms that the loan will help him increase his sales thus his income by 15%. And as Mohammad wishes to increase his earnings, he also wishes to become an electronics wholesaler.

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
  • 94
    View loans »
    Lebanon Loans Fundraising
  • $15,275,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,500 helped Mohammad to renovate his shop and change its interior decoration.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
N/A
Expired:
Jan 6, 2013