A loan of $950 helped to buy home appliances to sell to his customers.


Mohammed's story

Mohammed is 24 years old. He is a single man who lives in Taiz, Yemen. He has been operating a home appliance store for a few years. He started his business provided by his dad, then he expanded his business to purchase more goods to meet the demands of his clients. He is a hardworking man and is looking to improve his living situation. He would like to ask for financial assistance because his household expenses are continually increasing. He is facing a financial shortage. Therefore, he was encouraged to borrow additional capital. He took a youth loan of 200,000 YER (Yemen rials) from Al-Amal Bank, which he will use to buy home appliances to sell to his customers. In the future, he hopes to be a high merchant in order to earn an increased income, which will enable him to pay his obligations for some of his household expenditures.



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Loan details