Hasan is a 19-year-old single Lebanese man living with his parents and three siblings, one of whom is working. He is the main income source of the family. Despite his young age, he decided to get involved in the car trading business, although he knows that he may faces some difficulties at the beginning. Due to his clever negotiation skills and great personality, he was able to succeed in this domain. But his financials were hardly helping him covering the high cost of living, that's why he asked for a youth loan from Kiva partner Vitas s.a.l. to prepare the needed registration papers for one of the cars he owns to be able to sell it. His purpose is to better develop his business, and this is how he works every day to achieve his goals.
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.