Darine

Status: Paid Back

$1,200
Loan Request
Pre-Disbursed : Nov 12, 2008
Listed: Nov 12, 2008
Funded: Nov 13, 2008
$1,200
Paid Back
Ended: Dec 15, 2009

About the Country

Country:Lebanon
Avg Annual Income:$5,900
Currency:United States Dollars (USD)


About the Loan

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Location: Jnah, Lebanon   Repayment Term: 14 months
(more info)
Activity: Food Market   Repayment Schedule: Monthly
Loan Use: Buy Inventory   Currency Exchange Loss: N/A
      Default Protection: Not Covered
Darine Al Saghir has owned a mini-market in Jnah, a suburb of Beirut, since 1996. A mother of three, she opened this small business to help her husband with the family's income and to pay for their children's schooling. Her mini-market is situated in a busy area, so she has been able, over the years, to have a growing number of clients pass by her shop and buy all type of food products.

Today she requests a loan of $1200 to buy more inventory and continue to cater to her clientele.








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Journal entries for Darine


Loan has been disbursed
 
Entrepreneur: Darine
Location: Jnah, Lebanon

Thank you for your loan. It has been disbursed to Darine by Ameen s.a.l. in Lebanon. We are excited to watch this business grow. Over the next 12 months, Ameen s.a.l. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Jnah, Lebanon
Nov 14, 2008
Comment on this entry

Darine used her loan to buy merchandise
 
Entrepreneur: Darine
Location: Jnah, Lebanon

We visited Darine at her mini-market where she works hard to get a good income for her family. She used the loan proceeds to buy merchandise to her shop.

The loan helps her to buy a variety of products presented to the clients. And so she makes good profits.

She hopes to develop her business more and more because she plans to continue her children’s schooling to get the university.

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.


Posted by Mirna Nader from Jnah, Lebanon
Dec 16, 2009
Comment on this entry

Kiva Help Repayment Schedule for Darine

  Expected Repayments Actual Repayments Comments
February 2009 $100.00 $100.00 Repayment Received
March 2009 $100.00 $100.00 Repayment Received
April 2009 $100.00 $100.00 Repayment Received
May 2009 $100.00 $100.00 Repayment Received
June 2009 $100.00 $100.00 Repayment Received
July 2009 $100.00 $99.00 Repayment Received
August 2009 $100.00 $100.00 Repayment Received
September 2009 $100.00 $100.45 Repayment Received
October 2009 $100.00 $100.55 Repayment Received
November 2009 $100.00 $100.00 Repayment Received
December 2009 $100.00 $100.00 Repayment Received
January 2010 $100.00 $100.00 Repayment Received