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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 under Number 49,
to become the first Lebanese financial institution specialized in Microfinance. |
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Microfinance is a newcomer to the development field; born in the 1970s, its aim was to provide financial
services to the poorest population, whom otherwise would have difficulties accessing these services from
financial institutions such as banks. Through these services, the 'unbankable', as they are called,
receive an opportunity to develop, create jobs, improve their standards of living and over the long run
contribute to the economic development of their local and regional communities. |
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