Hasan spent the last three years working in his own shop where he sells all kinds of electronics. He has owned this shop for three years. But he’s not the only one covering the family’s expenses. His father is also supplementing the family’s income.
Hasan always wanted to better develop his business and improve his work as well, but until now he has been earning a barely fair income. For that reason, he decided to take a youth loan from Kiva partner Ameen s.a.l. to purchase a fair quantity of new and modern electronic items.
He confirms that the loan will help him increase his sales, since he will respond rapidly to his clients’ demands. And as Hasan wishes to increase his earnings, he also wishes to become an electrical equipment wholesaler.
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 InformationDue 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.
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Success!! The loan was 100% repaid