The Kiva borrower is a 20-year-old single man living with his family and four siblings in Lebanon. This young man has been working in a tattoo parlor for the past three years. He makes all kind of designs, and he is very talented on his occupation. He said that he chose this occupation because he feels that it is an art, and he’s very thankful for his decision. Despite his young age, he has been able, during those three years, to build a good business reputation. Today, he is requesting $800 to buy a new tattoo machine in order to expand his business operation into other areas. In the future, he is hoping to open another branch location. He feels positive about his business potential for the coming year.
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 microfinance 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 microfinance.
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 through 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.