He is requesting a loan of $800 from Kiva partner, Ameen s.a.l. to invest in new tools and equipment for his cafeteria. This will be his first loan from Ameen. He estimates that the loan will help him increase his profit by 15 percent.
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 more than 41,000 borrowers and disbursed more than 81,000 loans totaling US $115 million. To learn more about Ameen, please visit: http://partners.kiva.org/partners/115
Important InformationDue 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.
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Success!! The loan was 100% repaid