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Ali
Ali is a 21-year-old Lebanese engaged man living with his only parent and two siblings. He is the one taking care of the family and covering their needs. Not to forget Ali’s big and important role in maintaining and supporting his father in every single, small detail concerning their family, Ali opened an internet cafe in his town in 2008. People also meet at his place to enjoy their time with friends, play internet games and take a coffee. Today, he needs to borrow a youth loan from Kiva's Partner Vitas s.a.l to change his café’s interior design. In that way, he will be able to receive more clients and surely earn higher revenues. In the near future, he’s planning to open a snack shop near his internet cafe.

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
  • 57
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ali to change his café’s interior design.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014