A loan of $950 helped to buy basic household goods such as sauces, beans, spices, seasoning, rice, cooking oil, and sugar for his business.


Mohammed's story

Mohammed is 42 years old, a married man, and has three adult children. His educational background is secondary school and he lives in Sana`a, Yemen. He is hard-working and determined and does not fear challenges. He has been operating a spice store. He began this business more than six years ago, using some of his own capital.

Mohammed feels that his business is reasonably profitable because of the earnings that it gives him since he generally sells everything that he has to offer. Currently, his store has a small quantity of products on the shelves, but he does not have sufficient money to purchase more items from his suppliers.

He took out a loan of 200,000 YER from AMB that will enable him to buy basic household goods such as sauces, beans, spices, seasoning, rice, cooking oil, and sugar and stock his business. He hopes that with the purchase of these products his store will have a larger quantity of items to offer and in this way he will be able to meet his customers’ demand. In the future, Mohammed dreams that his family will have a better quality of life and in addition, he will be able to expand his business which will qualify him to get more profit.



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Loan details