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Abbas
Abbas is a Lebanese engaged man; he’s 22 years old and is really attached to his parents and siblings.

Working together, Abbas and his father were able to cover their heavy expenses in order to live a respectable life. Abbas started his business at an early age. He had to work really hard to prove that he’s a necessary support for his family. Abbas has been working in repairing the wheels of cars in his own garage, and has gained a fair number of customers asking for his services.

Today, he’s asking for a youth loan from Kiva partner Vitas s.a.l to buy new mechanic tools and machines for his business so he can respond rapidly to his clients’ problems.

He believes that acting properly is really essential to attract more customers.

In the future, he plans to sell cars spare parts as well.

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

  • $15,800
    Average annual income
  • 47
    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 $1,500 helped Abbas to buy new mechanic tools and machines for his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 13, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014