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Mohamad
Mohamad is a 23 year-old single man from Lebanon. He cooperates financially with his family’s members to be able to pay their heavy life expenses. He has owned a shop since 2011 where he serves hubble-bubble, a Lebanese traditional tobacco. He distributes to a wide range of clients in his village and its neighborhoods. Today, he is requesting to borrow a youth loan from Kiva partner Vitas s.a.l. to renovate his shop and furnish it with chairs, tables and other equipment in order to welcome customers properly and allow them to enjoy his services in a comfortable place. In the future, he plans to borrow another Kiva loan so he can expand his business further.

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
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • 1,511.5
    Lebanon Pounds (LBP) = $1 USD
Expired
A loan of $1,000 helped Mohamad to renovate his shop and furnish it with chairs, tables and other equipment.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
Covered
Expired:
Jul 31, 2013