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Ghoror* Group
In this Group: Najiba, Fozyah, Horyah, Sarah
Ghoror is a group consisting of four female members who live in Sana'a, Yemen. They requested a loan from AMB for 220,000 YER.

Horyah is a 53 years old, married, and has six children. Her oldest child is 37 years old and the youngest one is 18 years old. She lives with them in their won house. Horyah is the leader of the group. Due to a high illiteracy rates among women in Yemen, Horyah is an uneducated woman. She works as a housewife and she is very active woman. Her husband is an employee and her oldest son is also an employee but their salaries are not enough to cover all the needs of their house. She wants to improve the living standards of the family, but she doesn't have enough money; therefore, Horyah applied for a loan of 50,000 YER from AMB in order to purchasing home appliances for the house.

Horyah looks forward to opening a saving account in the bank for her children. She wishes that her family lives in a better condition.

Additional Information

More information about this loan

This loan is governed by Islamic lending principles. Because Islamic Law prohibits the charging of interest, Al-Amal is charging 0% interest on this loan. This is a Murabaha loan, which means that Al-Amal purchases goods for borrowers and charges a fee or mark-up. Click here to learn more about this loan type and Kiva's approach to lending in the Islamic world.   

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.


About Yemen

  • $3,900
    Average annual income
  • 0
    View loans »
    Yemen Loans Fundraising
  • $3,225,150
    Funds lent in using Kiva
  • 214.8
    Yemen Rials (YER) = $1 USD

Success!! The loan was 100% repaid

A portion of Ghoror* Group's $1,025 loan helped a member to purchase home appliances for the house.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Mar 20, 2014
Apr 1, 2014
Currency Exchange Loss:
Jan 17, 2015