Funded

Total loan: $2,350
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Saqr

Yemen
hodeidah, Yemen / Transportation

A loan of $2,350 helped to buy a bus to increase his daily income.


Saqr's story

Saqr, 23, is a single man who lives at his uncle`s home in Hodeida, Yemen. His mother is divorced and his father has immigrated outside of Yemen. He is a hardworking man who likes to depend on himself. He feels pity for his mother so he works hard to provide for her daily expenses. He was a worker in a retail shop. He didn`t complete his studying due to the bad situation he faced. Over time, he has collected a small amount and intends to buy a bus, but he knows that it costs more money and he doesn't yet have enough money to purchase a bus.

He applied for a youth loan of 500,000 YER from AMB to buy a bus to increase his daily income. He hopes to improve his living standards and own an extra bus.



Loan details

Loan length:

27 months
Disbursed date: March 30, 2013
Facilitated by Field Partner: Al-Amal Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: March 30, 2013
Facilitated by Field Partner: Al-Amal Microfinance Bank