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Anonymous
This Kiva borrower is a 23-year-old single man living with his mother and 3 brothers. After the death of his father, he started working together with his brothers to satisfy the needs of the family. He started his business in car painting in 2007. This young man works hard to earn income and improve his life situation. During those two years, his work operation has become bigger and he has gained a good number of clients. Today, he has the opportunity to develop and expand his business into other areas and attract more clients. To do so, he is requesting to borrow US$ 1000 from Kiva partner Ameen s.a.l. to purchase painting supplies at a good price.

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 Kiva loans 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 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
  • 23
    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 painting supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2010
Listed
Aug 12, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011