Funded

Total loan: $700
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Moharm

Yemen
Taiz, Yemen / Furniture Making

A loan of $700 helped to purchase carpentry equipment.


Moharm's story

Moharm is 27 years old, single and lives in Taiz, Yemen.

He completed secondary school only. He is a carpenter. He has been operating a carpentry shop for 13 years, which is his principal source of income. In the beginning, he inherited this business from his father and become the unique successor in his family. He is an incredibly hard-working man and, as a result, has a lot of experience. Through lots of effort, he has managed to make cupboards and doors, which provide him with the income necessary. Due to the bad situation in Yemen, he suffers from increasing prices from the market where he purchases wood.

Moharm took a youth loan of 150,000 YER from AMB in order to purchase Carpentry equipments which will increase the sales for his business.

In the future, he hopes to expand his business to have a construction company so he can import and export woods around the provinces of Yemen and he hopes to get married.



Loan details

Loan length:

13 months
Disbursed date: January 23, 2012
Facilitated by Field Partner: Al-Amal Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: January 23, 2012
Facilitated by Field Partner: Al-Amal Microfinance Bank