Total loan: $700
Sana'a, Capital Municipality, Yemen / Retail
Flag of Yemen
Mohammed's loan finished fundraising,
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A loan helped to buy more phones rechargers in order to strengthen his business.
This is 35-year-old Mohammed. He is a married man with five children, living with his family in Sana'a, Yemen. Mohammed has a university education. Unfortunately, he couldn't find a job to look after his family. In 2010, Mohammed started his own business through opening a phones and accessories store. He decided to begin this business because he realized that it would be profitable due to a new settlement area. His business is located in a good area of town and his main customers are the public. He works 6 days a week and 12 hours a day and gets support every month. Recently, Mohammed has earned good profits. Unfortunately, most of what he earns goes to the expenses of the family. On the other hand, Mohammed wants to enlarge his business. As a result, Mohammed applied for a loan of 150,000 YER to buy more phones rechargers in order to strengthen his business. He hopes that this loan will increase his stock, result in more customers, and earn a higher profit. In the future, Mohammed plans to get a bigger store to supply larger quantities of goods. He thanks you for your first support.