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Ali
Ali is a 27-year-old single Lebanese man. He has owned a café since 2009. There are good number of customers who visit him to rest at his café and enjoy his tasty coffee and other hot drinks. Today, he is asking to borrow a youth loan from Kiva partner Vitas s.a.l to renovate his café and modernize it. Ali notes that these changes will unquestionably help him to attract more customers and hence earn superior income. In the future, he plans to expand his business and add a corner into his café where he will start to serve food plates and sandwiches.

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

  • $5,900
    Average annual income
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $15,645,775
    Funds lent in using Kiva
  • 1,511.5
    Lebanon Pounds (LBP) = $1 USD
Expired
A loan of $3,000 helped Ali to renovate his café and modernize it.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2013
Listed
Oct 12, 2013
Currency Exchange Loss:
Covered
Expired:
Nov 11, 2013