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Hob Alwtn Group
In this Group: Shwayh, Amnh, Fatima, Salma
This group is called Hob Alwtn. It consists of four members: Salma, Shwayh, Amnh and Fatima. They are ladies who are responsible for their families. Their community is a rural area surrounded by fields where they make Yemeni bread. They have many clients, mostly women.

Salma is 28 years old. She is the coordinator of her group. (She is the second woman from the left side on the photo). She is a divorced woman and has one daughter. In the beginning, she learned how to make bread from her neighbors, then continued her activity. It is the main source of income so that she can help raise her daughter and give her a good education.

Salma's most important challenges are to work hard to gain extra income and to improve her business structure. She is receiving a youth loan of 30,000 YER from AMB to buy bread materials like flour, salt, yeast and baking soda for her business.

In the future, she would like to expand her business to improve her living conditions.

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • $3,225,150
    Funds lent in using Kiva
  • 215.5
    Yemen Rials (YER) = $1 USD

Success!! The loan was 100% repaid

A portion of Hob Alwtn Group's $425 loan helped a member to buy bread ingredients like flour, salt, yeast and baking soda for her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Apr 12, 2012
May 8, 2012
Currency Exchange Loss:
Jan 15, 2013