Mohamad is a 24-year-old Lebanese single man living with his parents and two siblings. He owns a small shop next to his house where he sells hubble-bubbles (hookahs) that allow customers to enjoy their time while having a break. Today, he is asking to borrow a youth loan from Kiva partner Vitas s.a.l to purchase hubble-bubble appliances and related accessories. There are high demands for this type of service and Mohamad tends to satisfy these demands so as to increase his sales and therefore his income. With his business income, he is able to support his father with the family expenses. Mohamad is very ambitious and willing to work harder so as to enhance his family’s way of living and help them meet their needs.
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.