Funded

Total loan: $575
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Mohammed

Yemen
hodeidah, Yemen / Motorcycle Transport

A loan of $575 helped to buy a motorbike to use for hiring to customers.


Mohammed's story

Mohammed is a 20-year-old single man who lives with his relatives in Hodeida, Yemen. He is a person who hires out motor transports for customers. He started his business with a small amount of capital. He has earned a living by offering point-to-point transport service, from which he earns a monthly profit.

He applied for a youth loan of 120,000 YER (Yemen rials) from AMB. He is going to buy a motorbike to use for hiring to customers. He will use the profits to continue growing his business.

His goal for the future is to continue growing his business so that he can improve his family's financial stability.



Loan details

Loan length:

15 months
Disbursed date: March 24, 2013
Facilitated by Field Partner: Al-Amal Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: March 24, 2013
Facilitated by Field Partner: Al-Amal Microfinance Bank