Ameen MF Lebanon

completed

The project consists of a straight senior loan to Ameen s.a.l one of the leading and well-managed commercial microfinance institutions in Lebanon. Proceeds of the loan will be used to finance the expansion of the Company’s lending activities to micro and small entrepreneurs (the “Project”). Ameen s.a.l seeks long-term funding to continue its growth and continue offering existing and new products to its target clientele. Ameen s.a.l is one of the leading microfinance organizations operating in all regions in Lebanon and serves more than 14,400 clients, of which 27% are women. Ameen s.a.l mainly operates through branches of three partner banks that fund and book their share of originated loans on their books. By end December 2012, Ameen s.a.l served its clients through 73 branches of partner banks and offers a range of products to its clients with an average loan size of about US$1,190.