This Kiva borrower is a 29-year-old single man from Lebanon. He lives with his parents and two brothers. He has been working as an experienced hairdresser for the past fifteen years. In addition to his shop operation, he also offers his beauty services upon request to the clients at their homes. He always tries to be up to date in this market and offers the new hair designs to his customers. Today, he is requesting to borrow $1,200 from the Kiva partner, Ameen s.a.l., to purchase new hairdressing tools for his work. In the future, he would like to expand his client base and he hopes to open a bigger beauty salon.
Note: Based on the political and social challenges of Lebanon, personally identifiable attributes of this entrepreneur have been withheld 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 of Lebanon's borrowers.
Ameen s.a.l. has been a major player in Lebanese Micro-finance 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 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 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
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.