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Abdullah is a 33-year-old, married man, with three children. His oldest child is eight years old and the youngest one is only one year old. Abdullah lives with his family in a rented house in Taiz, Yemen. He studied until the elementary school, but he couldn't complete his studies.

Abdullah has a small grocery store in his area. He sells many kinds of goods and products. The income of his business is still small and for further expanding his business, Abdullah applied for a loan of YER 98,000 from Al-Amal Microfinance Bank (AMB) in order to purchase more goods and products for his grocery store.

Abdullah looks forward to purchasing a piece of land and building his own house on that land.

Additional Information

More information about this loan

This loan is part of a joint program between Al Amal and the Social Welfare Fund in Yemen to reach the extreme poor who are dependent on grants from the state's Social Safety Net. Al Amal enables these borrowers to establish new enterprises and grow existing ones so they can boost their income and stop living on government funds. By funding this loan, you are empowering the extreme poor in Yemen to lift themselves out of poverty.

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
  • 26
    View loans »
    Yemen Loans Fundraising
  • $3,213,575
    Funds lent in using Kiva
  • 214.9
    Yemen Rials (YER) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $475 helped Abdullah to purchase more of goods and products for his grocery store.
16% repaid
Repayment Term
40 months (Additional Information)
Repayment Schedule
Jun 9, 2014
Jun 19, 2014
Currency Exchange Loss: