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Rida
Rida is a 21-year-old Lebanese single man living with his parents and four siblings. Three of them are working.

In 2011, he started running his own shop, selling toys, accessories, perfumes and souvenirs. His income is important to help his father with the household expenses. He also wishes to have his own family and children.

This is the reason he’s asking today for a youth loan from Kiva partner Vitas s.a.l. to expand his store’s inventory of perfumes, accessories and toys. His intention at this stage is to augment his sales so as to amplify his income. In the future, he is planning to open other branches in the surrounding areas.

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 of this entrepreneur 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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Rida to expand his store’s inventory of perfumes, accessories and toys.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 6, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 19, 2013