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Tayour Aljana/ Abeer Group
In this Group: Nour, Afrah, Khadijah, Rahmah, Wardah, Halimah
The six members of the TAYOUR ALJANA/ ABEER group are mainly married women and are named Nour, Afrah, Khadijah, Rahmah, Wardah and Halimah. They are 32-50 years of age and have three to eight children each. All of them live a working-class neighborhood of the city of Aden (the economic capital of Yemen). Their community is in a rural area surrounded by the field with the clothes markets. and they have many clients, mostly women. The whole group took out a loan of 300,000 YER.

Nour, the coordinator of her group, is wearing a red veil ("hijab") and has a hand-bag in the photo. She is 50 years old. She has operated a business selling fabrics, veils, scarfs and various clothes for twenty years. She will use her loan to purchase some clothing to sell to women.

Nour`s most important challenges are to work hard to gain extra income and to better her business structure. She is receiving a loan of 50,000 YER from AMB and, because her loan repayments have all been made punctually, she has been able to grow her business with the reinvestment she makes from each loan.

In the future, Nour would like to save her profit to start building her house.

Additional Information

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
  • $3,229,175
    Funds lent in using Kiva
  • 219.2
    Yemen Rials (YER) = $1 USD

Success!! The loan was 100% repaid

A portion of Tayour Aljana/ Abeer Group's $1,375 loan helped a member to purchase some clothing goods to sell to women.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 25, 2012
Jan 28, 2012
Currency Exchange Loss:
Mar 15, 2013