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Get to know our most recent activities and events.
Ameen s.a.l. ranks 17 in the 2009 MIX 100 Global composite Feb 2010 - The MIX Global 100 attempts to provide a composite picture of Microfinance Institutions performance using a series of attributes, namely outreach, efficiency, and transparency.
The 2009 edition of the MIX Global 100, surveyed 955 institutions from nearly 100 countries.
For two consecutive years now, Ameen s.a.l is the only institution from Lebanon to be listed in the top 100 of the MIX, ranking second out of the 13 MENA region institutions selected.
In reviewing the rankings and comparative figures for the prior year, Ameen s.a.l improved by 70 spots, moving up the latter from 87th place in 2008 to 17th place in 2009.
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IESC in partnership with Ameen s.a.l initiate the LIM program July 09 - Ameen s.a.l. signed on Monday July 13, 2009, a partnership agreement with International Executive Services Corps (IESC) ensuring the provision of financial services to qualified borrowers in order to establish new businesses as well as expand/sustain existing businesses in rural and peri-urban areas of Lebanon.
Funded by United States Agency for International Development (USAID), the Volunteers for Economic Growth Alliance (VEGA) in collaboration with IESC launched the Lebanon Investment in Microfinance program (LIM).
Under the LIM Program, Ameen s.a.l. has been granted US$ 400,000 to disburse loans for start-ups and existing micro-enterprises operating in Agribusiness, ICT, and tourism sectors.
The goal of this program is to improve productivity, increase sales income, and create job opportunities for small and medium size businesses through increased access to finance and training.
The program launching event took place at Ameen s.a.l. offices in the presence of Mrs. Denise Herbol, Mission Director of USAID Lebanon, and key board/management representatives of the aforementioned organizations.
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Ameen s.a.l. wins an award May 09 - Ameeen s.a.l. represented by its general manager Mr.Ziad Halaby received a performance award, on the 14th of May,2009, at Sanabel's sixth annual conference ceremony. Sanabel is a membership-driven microfinance network of arab countries.
The ceremony was based on data published on the Mix Market website which is a web-based information platform on worldwide microfinance institutions.
Out of 100 microfinance institutions, only 13 were selected from the Middle East and North Africa region and Ameen s.a.l. was the only lebanese microfinanace to be selected and win an award in the ceremony.
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Ameen s.a.l - Part of the MIX Global 100 Composite Ranking January 09 - Based on data published on the MIX Market, MIX presented in 2008, its MIX Global 100 Composite Ranking based on the performance of microfinance institutions worldwide.
Ameen s.a.l was listed as one of the Top 100 leading microfinance institutions, out of a sample of 652 institutions that are profitable and top performers for the balance of results achieved among three key attributes: outreach, efficiency, and transparency. In this year’s publishing, out of 13 institutions from the Middle-East and North Africa, only Ameen s.a.l from Lebanon was selected with a rank of 87 out of 100.
The ranking offers a view onto well rounded, leading microfinance service providers and measures the balance achieved by an individual microfinance institution, relative to other microfinance institutions considered for the ranking.
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Ameen wins a US$500,000 interest-free loan - July 08 - - In july 2008, Ameen s.a.l. was granted a US$500,000 interest free loan from Cisco systems. This loan was awarded within the scope of the Cisco Rural Development for Information Technology Program (CREDIT) implemented by Relief International in partnership with Cisco systems. This program aims to contribute to utilizing ICT for business and job creation in rural Lebanon, further disseminate ICT skills,and bridge the growing divide between urban and rural Lebanon. As a result of the loan, Ameen established a seperate dedicated unit to focus on Microcredit for rural ICT entrpreneurs. If the proposed program is successfully achieved, Ameen will be granted the loan at the end of the two-year period.
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Exhibition in Baalback March 08 - Ameen s.a.l. participated on March 30, 2008 in the yearly exhibition organized in Baalback by the Lebanese Organization for Studies and Training. During this event, attendees were able to learn about Ameen's services and meet the team in charge of the area.
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New partnership with Fransabank November 07 - Ameen signed on
November 2007 a partnership agreement with Fransabank (FSB). Fransabank, now one of four Ameen bank partners, is a
leading Lebanese bank with a reputation for quality, outreach with over 100 branches and interest in the social and
economical development. The recent partnership was celebrated during a press conference held at FSB head office in
Hamra coupled with a nationwide billboard campaign, marking the starting point of what Ameen expects to be a long
and fruitful business relation. Disbursement operations started with six of FSB branches located in Basta, Aley,
Riyak, Bednayel, Nabatieh and Jezzine.
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Ameen s.a.l. September 07 - 1st Regulated Microfinance institution in Lebanon - On September 25th, 2007, the Central bank of Lebanon
announced the listing of Ameen s.a.l as a financial institution under registration no. 49 with a capital of LBP
2,365,000,000. This successful transformation of Ameen is a major step towards more integration of microfinance
activities into the Lebanese financial sector. Check the press release.
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