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Abbas
This is Abbas, a 21-year-old Lebanese single man who has worked as a plumber and electrician since he was 18. He loves his line of work especially that it helps him meet a wide range of clientele. Abbas is very sociable and knows how to end up with results that satisfy his customer’s demands. Today, with his requested youth loan from Kiva partner Vitas s.a.l, Abbas is wanting to purchase a minivan for his business so he can transport his business tools easily wherever he is going to serve clients. In addition, the minivan will help him to get faster to his clients and therefore will meet their objectives and gain a good income.

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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,166,350
    Funds lent in using Kiva
  • 1,507.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Abbas to purchase a minivan.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2013
Listed
Nov 6, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014