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Abbas
Abbas is a 37-year-old Lebanese married man, living with his wife and two children, and attending school. His wife doesn’t work so he is the main and only income source of his family. He is a brave blacksmith working in this domain for the past 12 years. Two years ago, he was able to open his own shop after making the needed savings to launch his business. Currently, he plans to strengthen his business operations by purchasing new tools and an electrical generator for his business by receiving a loan from Kiva partner Vitas s.a.l. Abbas has to develop his business to gain a higher income and improve the family’s way of living. As for his future plans, he hopes to expand his business into other areas and start to provide a new community with his competent and endowed skills.

Additional Information

Important Information

Due to political and social challenges in Lebanon, personally identifiable attributes of this entrepreneur 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
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $14,614,075
    Funds lent in using Kiva
  • 1,509.4
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Abbas purchasing new tools and an electrical generator for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2013
Listed
Jan 10, 2014
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2015