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Toufic
Toufic is a 23-year-old Lebanese man. He’s single and living with his parents and two working siblings. His father is the main source of income for the family.

Toufic is a great man who loves his family and really wants to offer them a respectable life; this is the reason why he’s working nonstop, on his own, to be able to take some responsibilities off of his father. He’s specialized in installing solar-energy systems. He’s an honest man and above all punctual, which is what make his customers loyal to him.

Today, he’s asking for a youth loan from Kiva partner Vitas s.a.l. to purchase new tools and solar equipment. This Kiva loan will facilitate his business operations and increase his sales. This is how Toufic works to collect higher revenues and will help his family live a very comfortable life from hard work.

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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $15,083,425
    Funds lent in using Kiva
  • 1,503.8
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Toufic to purchase new tools and solar-energy system equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
May 3, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2014