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Raed
Raed is a 25-year-old single man. In 2009, he launched his new business, which consists of selling men's clothes. His store is located next to his house, and he welcomes customers from nearby areas and villages.

Today, he is looking to borrow a youth loan from Kiva partner Vitas s.a.l. to diversify his merchandise selection and purchase new clothes such as T-shirts, jeans, etc., from different brands and trends. He notes that selling good quality clothes will help him attract more customers and augment his sales, and thus, his income. In the future, he plans to expand his business and target a wider clientele.

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
  • 40
    View loans »
    Lebanon Loans Fundraising
  • $15,795,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Raed to purchase new clothes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2013
Listed
Aug 14, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 2, 2014