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Mike
Mike is a 36-year-old single man. He is living on his own. He’s an independent hard worker who strives to work under pressure in order to live a respectable life.

Mike spent the last five years in his bakery, preparing delicious food. He is well known in his town and people visit him from all over the neighboring areas. He always wanted to better develop his business and improve his work, but until 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 a new oven.

He confirms that the loan will help him increase his sales, and thus his income, by 15%. And as Mike is a single man, he wishes to get married and have his own family and children.

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
  • 71
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • 1,504.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mike to purchase a new oven.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
Apr 26, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014