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Nassar
Nassar is a 26-year-old, single man from Lebanon, living with his parents and his only sibling. He cooperates with his father and sibling to pay the operating expenses.

Nassar owns a bakery and he makes tasty pastries. Today, Nassar needs to receive a youth loan from Kiva partner, Vitas. s.a.l., to purchase raw materials, such as flour, sugar, and cooking oil to continue his operations and to increase his productivity. He is very confident that he will be able to achieve substantial growth in the coming season and he hopes that the loan will help him to increase his income by 15%.

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
  • 120
    View loans »
    Lebanon Loans Fundraising
  • $16,255,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Nassar to purchase raw materials for his bakery.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2013
Listed
Oct 16, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014