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Hovannes is a 37-year-old married man living with his wife and two children, attending school. He has been working as an electrician for the past 12 years. He is specialized in repairing generators. He works independently and owns his own shop.

Today, Hovannes is applying for a loan from Kiva partner Vitas s.a.l to purchase electrical tools, equipment and spare parts that will ease his operations and allow him to provide his customers with better quality services. In the future, Hovannes plans to expand his work into other areas where he will be in need of more Kiva loans to meet his business needs and earn higher income.

Additional Information

Important Information

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.

About Lebanon

  • $15,800
    Average annual income
  • 133
    View loans »
    Lebanon Loans Fundraising
  • $18,176,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hovannes to purchase electrical tools, equipment and spare parts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 28, 2013
Sep 11, 2013
Currency Exchange Loss:
Dec 2, 2014