A loan of $1,000 helped to invest in a new dough making machine and an oven.

Anonymous's story

This Kiva borrower is a 40-year old married woman from Lebanon. She lives with her husband and four children. She has owned a bakery for three years and has more than 15 years of experience in the field. She is requesting a loan of $1000 from Kiva partner, Ameen s.a.l., which she plans to use to invest in a new dough making machine and an oven. She expects to improve her business with this loan and estimates that the loan will help her increase her profits by 5%. This will be her first loan from Ameen.

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

Loan details

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Loan details