Funded

Total loan: $1,650
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Fares

Yemen
Sana'a, Yemen / Taxi

A loan of $1,650 helped to more easily cover his living expenses by purchasing a taxi.


Fares's story

Fares is a 24-year-old, single man living in Sana`a, Yemen. For two years now he has worked as a driver for a company. He is the head of his household, so his income helps cover his expenses, such as food and other living essentials. He strives to support himself and his family.

He has been saving money to buy a car, but he has insufficient capital to do so. As a result, he is requesting a youth loan in the amount of 350,000 YER from AMB to buy a taxi, which will help him cover his daily expenses. He explains that he needs Kiva's support because he has great aspirations to improve his and his family's living conditions.



Loan details

Loan length:

21 months
Disbursed date: March 26, 2013
Facilitated by Field Partner: Al-Amal Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: March 26, 2013
Facilitated by Field Partner: Al-Amal Microfinance Bank