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Mohamad
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.

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
  • 1,511.3
    Lebanon Pounds (LBP) = $1 USD
Expired
A loan of $1,500 helped Mohamad buy hubble-bubble appliances and accessories.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2013
Listed
Jul 5, 2013
Currency Exchange Loss:
Covered
Expired:
Aug 4, 2013