Karam is a 23-year-old man. He is single, living with his parents and three siblings, one who is working. His father is the main income provider for the family and ready to support them as much as he can. Karam started to work on a free-lance basis in 2009. He has specialized in fixing and installing air conditioning. Today, he is looking for a youth loan of $1,300 from kiva partner Ameen s.a.l to purchase the needed equipment for his business such as electrical tubes, keys and many other items. He anticipates that this will facilitate his business operations and thus increase his earnings. In the future, he plans to open his own electronics shop.
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.
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.