Mohamad is a 19-year-old single man. He has been working in the construction field since 2011. He got involved in this type of business at a very young age in order to provide extra financial support for the family. He is specialized in placing paves. He works with great professionalism and has one part-time employee helping him with the work. Today, he is requesting to borrow a youth loan from Kiva partner Vitas s.a.l to purchase a winch for his business so as to proceed with his operations properly. Mohamad plans to let his employee work on a full-time basis as he is sure that he will be able to significantly expand his business and increase its capital thanks to the loan.
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.