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Youssef
Youssef is a Lebanese single man. He’s 22 years old, living alone with his father, the main income provider of the family. They are really attached to each other and Youssef seeks to take some responsibilities off of his father. Cooperating together, Youssef and his father were capable to cover their heavy expenses in order to live a respectable life.

Youssef started his business as a car mechanic. He had to work really hard to prove that he’s a necessary support for his father. He has gained a fair number of customers asking for his services. Today, he’s asking for a youth loan from Kiva partner Vitas s.a.l to buy added mechanic's tools for his business in order to respond rapidly to his clients’ problems. He believes that acting properly is really essential to attract added customers. In the future, he’s planning to enlarge his garage and receive more clients.

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
  • 66
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Youssef to buy added mechanic's tools for his business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 6, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014