Alec

Thank you for your loan. It has been disbursed to Alec by Ameen s.a.l. in Lebanon. We are excited to watch this business grow. Over the 11 months of this loan, Ameen s.a.l. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

We visited Alec at his car repair shop where he presents mechanical services to the neighboring villages. He used the loan proceeds to purchase new tools for his shop.

The loan helps him in satisfying the needs of his clients by the new developed tools and he attract more clients to his shop and his business productivity become better and he earns a good income.

Alec is a very hardworking and punctual costumer and he chose to repay his loan earlier after having the possibility to do it and he’s very thankful for the loan.

About Ameen:

Ameen was established in 1999 in Lebanon as a micro-credit program funded by USAID, under the patronage of CHF International. CHF is a non-profit organization working in more than 35 countries. Evolving successfully to a separate company, Ameen today is a Lebanese financial institution specialized in microfinance. Ameen's goal is to contribute to the economic and social development of the community.

Ameen provides financial services to micro-entrepreneurs and low-income households to help them develop their businesses and improve their living standards. Ameen offers loans for small businesses, housing and consumer needs. Ameen's beneficiaries work in a variety of sectors and include activities such as handcraft, trade, services, small industries and agriculture to name a few.

Since Ameen's inception, over 26,000 micro-entrepreneurs and low-income households have benefited from its services, with more than 68 million US dollars disbursed representing over 52,000 loans. Supported by a dedicated team of professionals, Ameen currently partners with four local banks in more than 67 branches with an outreach spreading all over Lebanon, from Beirut and its suburbs, to the Bekaa valley, the South, Mount Lebanon and the North.