This Kiva borrower is a 46-year-old married man from Lebanon who has two young children. He has been working as a builder specializing in gypsum board for almost twenty years and is the main income provider for his wife and children.
He has been running his own business since 2000, working on a freelance basis upon request of his clients. His work has developed well over the years and his business income has increased.
Today, he is requesting a loan of $1,200 from Kiva partner Ameen s.a.l. to purchase additional wood for his construction work. He estimates that the loan will help him increase his profits during the summer season.
Note: Based on the political and social challenges of Lebanon, personally identifiable attributes of this entrepreneur have been altered to protect him or her (e.g. blanking 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 micro-finance 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 micro-finance.
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 loan from Kiva to offer lower interest loans with faster disbursement to its 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 US$115 million. To learn more about Ameen, please click here.
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.