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Anonymous
This Kiva borrower is a 28-year-old married man and father of two young children who attend school. He has been working as a furniture carpenter for the past 25 years and has run his own shop since 1998. He specializes in making wooden furniture designs. He works independently in his business, but collaborates with some galleries in his town and on customer request. Today, he is requesting a loan of $1200 from Kiva partner Ameen s.a.l. to buy more wood in order to increase his business productivity.


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 s.a.l

Ameen s.a.l. has been a major player in the Lebanese microfinance sector since 1999. Originally a microcredit 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 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 $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
  • 60
    View loans »
    Lebanon Loans Fundraising
  • $14,582,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped this borrower to buy more wood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2010
Listed
Aug 23, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011