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Nader
Nader is a 24-year-old single man from Lebanon. He is living with his parents and three siblings. Two of them are working. In 2010, in order to supplement the family’s income, he decided to start his own work. He opened his own vegetable shop. He knows very well how to select his produce and satisfy his clients the best he can.

Today, he is asking to borrow a youth loan from Kiva partner Ameen s.a.l to enlarge his business and purchase the needed quantity of vegetables to sell. He states that the loan will certainly help him increase his business productivity by a fair percentage which will bring him higher profits. In the future, he plans to take more Kiva loans and purchase land where he can cultivate a wider variety of 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
  • 104
    View loans »
    Lebanon Loans Fundraising
  • $15,334,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Nader to enlarge his business and purchase the needed quantity of vegetables to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2012
Listed
Jan 28, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014