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Adel
Adel is a 29-year-old Lebanese man who is married and lives with his wife and three children. Since 2008, he has run a business installing and repairing elevators, and has one full-time employee who works under his supervision. He is requesting a youth loan from Kiva partner Vitas s.a.l to buy new tools in order to improve his repair services. In the future, he hopes to work on multiple projects as a way to expand his business operations and earn more money.

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.

Tags

About Lebanon

  • $15,800
    Average annual income
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • 1,511.5
    Lebanon Pounds (LBP) = $1 USD
Expired
A loan of $2,000 helped Adel to buy new tools.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2013
Listed
Oct 11, 2013
Currency Exchange Loss:
Covered
Expired:
Nov 10, 2013