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Anonymous
This Kiva borrower is a 32-year-old married man from Lebanon who has two young children. He has eight years of experience working as a farmer. In 2007, he started cultivating his land independently and working on his own. The nature of the ground allows him to grow different varieties of vegetables and fruits according to the different seasons in Lebanon. His business has grown and he has hired a part time worker to help him. He is requesting a loan of $1000 from Kiva partner Ameen s.a.l. to purchase needed supplies for his agricultural work. He estimates that his profit has the potential to increase by 18% after taking the loan.

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.

About Ameen:
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, in 2003 Ameen evolved to become Ameen s.a.l., 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 from Kiva to offer lower-interest loans with faster disbursement to 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
  • 51
    View loans »
    Lebanon Loans Fundraising
  • $14,751,100
    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 purchase agricultural supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2010
Listed
Jul 29, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011