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Fadi
Fadi is a 39-year-old Lebanese married man. He lives with his wife and three school-aged children at their modest house located in one of the beautiful Lebanese villages. Fadi has spent the last sixteen years installing home electricity. He’s the only one covering the family expenses.

Fadi always wanted to better develop his business and improve his work, but till now he earns a barely fair income, for that reason he decided to take a loan from Kiva partner Vitas s.a.l to purchase the needed electrical equipment for his business. He confirms that the loan will help him increase his projects and thus his income by 15%. And as he works independently, he wishes to have his own electrical equipment shop soonest in order to keep on responding to his clients' problems and therefore earn higher revenue.

Additional Information

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

  • $15,800
    Average annual income
  • 81
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Fadi to purchase needed electrical equipment 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