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Anonymous
This Kiva borrower is a 48-year-old married man from Lebanon. He lives with his wife and five children. He has been working as a car mechanic for 28 years. He opened his auto shop in 1987. With the presence of many used and old cars in Lebanon, there is a constant need for reliable auto repair work. He has one employee who works with him full-time. All of his children also work to support the family.

He is requesting a loan of $1000 from the Kiva partner, Ameen s.a.l., to invest in a machine that will help detect the carbon dioxide emission level from a car. This will be his first loan from Ameen.

Note: Based on the political and social challenges of Lebanon, personally identifiable attributes of this entrepreneur have been altered to protect him (i.e. blacking out portions of the entrepreneur in his picture, not indicating his 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 $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

  • $5,900
    Average annual income
  • 48
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    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 buy a machine that will detect cars' carbon dioxide emission levels.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2010
Listed
May 22, 2010
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2011