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Bakr is a 23-year-old young man who lives in Sana'a, Yemen. He is a secondary school graduate. Two years ago, Bakr opened a small drinking water purification station with the help of his late father. He now supplies grocery stores with 5 liter containers of water. Baker is the head of his family after the death of his father. He works very hard and does his best to provide his mother and little brothers and sisters with everything they need. The drinking water purification system in his station is old and needs to be replaced with a modern one; therefore, he asked for a loan of 200.000YER to buy a new drinking water purification system. Bakr hopes that his small drinking water purification station will make more profits and in turn, help him to improve the standard of living of his family

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

About Al-Amal Microfinance Bank

Al-Amal reaches out to low-income micro-entrepreneurs and small business owners in Yemen with a suite of credit, savings, and insurance products tailored for Muslim borrowers. Before lending through Al-Amal, please consider the following:

1) Due to ongoing security concerns, full due-diligence of Al-Amal was conducted remotely rather than on-site. This makes Al-Amal atypical among Kiva's Field Partners, as Kiva staff have not conducted an on-site assessment. Al-Amal's assessment included in-person meetings with the top management in other, more secure locations in the Middle East.

2) Because Yemen is a new and unstable environment, there is a possibility that future loan repayments could be held indefinitely in the country for regulatory reasons, even if individual borrowers pay back their loans. As a lender to borrowers in Yemen, you accept this additional risk.

Additionally, all of Al-Amal's products are Sharia compliant and customized for its Muslim clients. Most of the loans are structured as Murabaha interest free loans. Al-Amal purchases goods for its borrowers and charges them a markup or fee. Al-Amal is also experimenting with Ijarah loans (an Islamic leasing product). For more information on Islamic microfinance, please click here.

About Yemen

  • $2,700
    Average annual income
  • 13
    View loans »
    Yemen Loans Fundraising
  • $3,193,525
    Funds lent in using Kiva
  • 214.3
    Yemen Rials (YER) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Bakr to buy a drinking water purification system.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jan 8, 2013
Jan 21, 2013
Currency Exchange Loss:
Aug 22, 2013