The Kiva borrower is a 48-year-old married man and father of three children from Lebanon. He is the main income provider for his family. He has 20 years of experience working as a farmer. He has been running his own farm since 1998. He cultivates all types of vegetables and fruits, according to the season. He uses plastic tents to grow his products. These tents allow him to better monitor product quality as well as grow his products for more months during the year. He works independently in his business. Today, he is requesting a loan of $1000 from Kiva partner Ameen s.a.l. to purchase needed supplies for his agricultural work. He estimates that the loan will help him increase his profits by 15%.
Note: Based on the political and social challenges of Lebanon, personally identifiable attributes of this entrepreneur have been altered to protect him (for example, blacking out portions of the entrepreneur in his picture and not indicating his name and location). 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 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 from 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
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.