This Kiva borrower is a 29-year-old single man living alone. He has owned a small cafeteria in his town since 2007 and has been working in this occupation for the past eight years. He offers all types of sandwiches. His freshly prepared goods are enjoyed by members of his village and neighboring towns. Being alone is very hard for him, and he has work hard to make his own business and meet his life needs.
He is requesting to borrow $1,200 from Kiva partner Ameen s.a.l. to purchase merchandise needed for his shop. In the future, he plans to enlarge his shop and make places to receive his customers, such as a restaurant.
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 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 specializing 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 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
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.