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Anonymous
This Kiva borrower from Lebanon is a single 33-year-old woman. She has three other family members in her house, two of whom are also working. She has owned a beauty salon since 2000. She also sells lingerie from this location.

She is requesting a loan of $1000 from the Kiva partner, Ameen s.a.l. This will be her third loan from Ameen. Because she had to rely on her sister for a ride, she faced some challenges to complete her previous loan payments on time. She is planning to use this loan to increase her inventory.

Women entrepreneurs are still in the minority in Lebanon, but they are gaining a greater presence in the country’s labor market. Ameen s.a.l. offers additional incentives to loan officers for offering micro-loans to prospective clients as well for recruiting female clients.

Note: Based on the political and social challenges of Lebanon, personally identifiable attributes of this entrepreneur have been altered to protect him or her (i.e. blacking out portions of the entrepreneur in his/her picture, not indicating his/her name and location, etc.). Ameen s.a.l. appreciates Kiva lenders' understanding of these challenges and encourages lenders to continue their support for Lebanon's borrowers.

Ameen has been able to use its interest-free loan from Kiva to offer lower interest loans with faster disbursement for their micro-loan borrowers. Since its inception, Ameen has provided high quality financial services to over 41,000 borrowers and disbursed over 81,000 loans totaling US $115 million. To learn more about Ameen, please visit: http://partners.kiva.org/partners/115

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
  • 94
    View loans »
    Lebanon Loans Fundraising
  • $16,118,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped this borrower to increase her store's inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2010
Listed
May 8, 2010
Currency Exchange Loss:
N/A
Ended:
May 15, 2011