Ahmad is a 26-year-old Lebanese single man. He lives with his parents and two siblings. They are both working. He strives to work really hard in order to satisfy his family's needs and take some responsibilities off his father who is considered their main source of income. And after many years of experience as a carpenter, Ahmad decided to work on his own. He opened his own carpentry business in 2008. He’s a reputable person who has gained a fair number of loyal customers so far. Today, he is in need of a youth loan from Kiva partner Vitas s.a.l to purchase the needed quantity of wood for his work. He also wants to buy new tools and materials. He notes that this will improve his business and therefore, boost his productivity. In the future, he plans to take on bigger projects and better develop his work.
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.
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.