A loan of $950 helped to purchase a tok-tok vehicle with which to start up a bakery delivery service.

Khalid's story

Khalid, age 39, owns an auto services store where he sells cars, tires, batteries, and oil. He lives with his wife in the city of Taiz, Yemen.

At present, his business doesn’t yield too much profit because of the current situation in Yemen. When people are in need of basic necessities, they tend to put off such activities as changing their car tires. Therefore, he would like to become an agent for some local bakeries by distributing their bread to groceries. To start this business, he needs to buy a tok-tok vehicle to use for distributing bread. He has therefore applied for a loan in the amount of 200,000 YER from AMB.

Khalid looks forward to eventually having his own bakery in order to improve his family's living standards and to provide his children with a high-quality education so that they can be successful in their lives.

Loan details

Lenders and lending teams

Loan details