A loan of $2,000 helped to invest in a new tile polishing machine.


Anonymous's story

This Kiva borrower is a 39-year old married man from Lebanon. He has been running a tile polishing business since 2007. This type of work is common throughout Lebanon. He lives with his wife and two children, and his wife also works (in a sewing factory) to support the household. He is requesting a loan of $2000 from Kiva partner, Ameen s.a.l. He plans to use the loan to invest in a new tile polishing machine. This will be his second Kiva loan. He was a consistent client with on-time repayments for his last loan of $1,200.

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.

Ameen has been able to use its interest-free loan 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 US $115 million. To learn more about Ameen, please visit: http://partners.kiva.org/partners/115



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