Younes is a 22-year-old Lebanese single man. He has been working in the construction field for more than eight years. He got involved in this type of business at a very young age in order to get extra financial support for the family. Today, he is asking to borrow a youth loan from Kiva partner Vitas s.a.l to purchase a ladder. As his job consists of completing wall foliage work, Younes needs to acquire that ladder to be able to reach high heights. He has two part-timers helping him with the work and he plans to hire them as full-timers 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.
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.