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Anonymous
This Kiva borrower is a 55-year-old married man from Lebanon with four children. He has owned a mini-market in his village for the past 12 years. He sells in his grocery shop all types of food products, dairy products, juices, soft drinks, beads etc. His shop is situated in a busy area so there are a good number of customers passing by his shop. This is his second loan requested from Kiva partner Ameen s.a.l. He has been very reliable with his repayments. He is requesting a larger loan amount of $2,000 to increase his shop inventory to be prepared for the coming holidays in Lebanon where the selling rate will be increased. He’s very optimist about the results.

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, 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 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

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

  • $15,800
    Average annual income
  • 136
    View loans »
    Lebanon Loans Fundraising
  • $16,300,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped this borrower to increase his shop inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2010
Listed
Aug 5, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011