A loan of $475 helped to purchase stationary supplies and phone accessories.

Tawfig's story

Tawfig is a young man who is 26 years He is living in Sana'a and was recently married. He is a university student, studying in the Accounting Department, the Faculty of Commerce and Economy, Sana'a University.

Tawfig's main business is a stationary and mobile accessories store based in the southern part of Sana'a. He started his business a year ago in a very intelligent way. That is, as he owns a house, he has a tenant with the same activity (stationary) who paid him the rent of some months in stationary materials. Tawfig collected those materials and purchased some more mobile accessories and started his independent business. Now, Tawfig has many clients and his income improved. When he is at university, he places his younger brother in the business.

Tawfig wanted to expand his business but he didn't have the financial capacity. He took this first loan from AMB and repaid it successfully. Then he took this loan, which is the second loan amounting to 100,000 Rials in order to purchase stationary supplies and phone accessories to meet his clients' demands.

In the future, Tawfig hopes to expand his business by opening a supermarket as well as to establish an independent business for his younger brother.

Loan details

Lenders and lending teams

Loan details