This Kiva borrower is a 49-year-old woman from Lebanon. After the death of her husband, she found herself alone and responsible for two children. So she decided to take charge of the operation of her husband's mini-market. She has been working hard to pay her family's expenses. She offers all types of products: food products, cereals, soft drinks, detergents, etc. The mini-market has been established for almost sixteen years and it is known by a good number of clients. She is requesting to borrow $1,200 from Kiva partner Ameen s.a.l. to increase her store’s inventory. She hopes that the variety of products presented to her clients will continue to earn profit for her family.
It is very common in Lebanon to find small supermarkets, selling both perishable and non-perishable goods. As members of the communities themselves, store owners have a deep understanding of local consumer needs and can offer products that meet local demands. The strong network of community relationships are an important component of life in Lebanon, especially in smaller towns and villages.
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 s.a.l. has been a major player in the Lebanese micro-finance sector since 1999. Originally, a micro-credit program created by CHF International, Ameen evolved to become Ameen s.a.l. in 2003, a Lebanese services company. In 2007, Ameen s.a.l. registered with the Central Bank of Lebanon to become the first Lebanese financial institution specialized in micro-finance.
At Ameen s.a.l. we pledge to provide financial services to the largest number of micro and small entrepreneurs and to the working poor, to help them develop their businesses and improve their incomes.
Ameen has been able to use its interest-free loans 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
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.