This Kiva borrower is a 39 year old single woman from Lebanon. She lives with her parents and one sibling. Two other members of her household also work to support the family. She has been renting a shop where she sells clothes since 2004. She has more than 15 years of experience in the sales field.
She is requesting a loan of $700 from Kiva partner Ameen s.a.l. She plans to use the loan to increase her store’s inventory. She will bring new merchandise from Turkey. Many entrepreneurs sell clothes and blankets from Turkey because it is close in proximity and known for its high quality of goods. This will be her first loan from Ameen.
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 microloans 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
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.