Abass

Thank you for your loan. It has been disbursed to Abass 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.

We visited Abbas at his barber shop called “Just Hair” in his town where he presents beauty services to his clients. He used the loan proceeds to renovate his salon’s décor and purchase a special machine for hair therapy.

The loan helps him in satisfying the requirement of his clients and attracting new clients to his salon and that’s how his income has grown.

In the future, Abbas hopes to enlarge his salon, be able to develop more his business and being well known in this market.

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.