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Anonymous
The Kiva borrower is a 50-year old single man from Lebanon. He lives with his two old parents and he takes care of them. He has more than 25 years experience working in car electric repair. His shop is situated in his town and he is known by the neighboring towns also.

He ensures the household expenses are paid for sick and aging family members. He was able, over the years, to enlarge his business and create a good base of clients asking for his services. Today, he is asking to borrow $1,000 to purchase new electric tools and supplies instead of the used ones. He’s sure that with the new equipment he will be able to deliver his services faster and take more work.

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.

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, 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
partners.kivaorg/partners/115

Additional Information

Important Information

Due to political and social challenges in Lebanon, personally identifiable attributes of this entrepreneur 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
  • 25
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    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 purchase new electric tools and supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2010
Listed
Aug 5, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2011