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Mohamad
Mohamad is a 20-year-old single Lebanese man. He has been working as a plumber for the past five years, and in 2011 he started to work independently serving customers, no matter where they reside. His only target is to earn enough income to live in good conditions.

Mohamad plans to take a youth loan from Kiva partner Vitas s.a.l to renew his business tools and continue to work with a high degree of professionalism.

He has a part-time worker helping him, and he plans to hire him as a full time worker as soon as he is sure that he will be able to achieve a significant expansion in his business, and increase its capital thanks to the loan.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,500 helped Mohamad to renew his business tools.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 5, 2013
Currency Exchange Loss:
N/A
Expired:
Aug 4, 2013