This is why he's asking today to borrow a youth loan from Kiva partner Vitas s.a.l. to prepare the legal registration papers that will allow him to open his own shop. This will certainly increase the demand for his products and facilitate his work as well; especially since it wouldn't be necessary for him to visit his customers at their places. In the future, he plans to take more Kiva loans and expand his business as much as he can.
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 InformationDue 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.
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Success!! The loan was 100% repaid