Funded

Total loan: $475
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Belal

Yemen
Taiz, Yemen / Spare Parts

A loan of $475 helped to buy spare parts for his business inventory.


Belal's story

Belal is 30 years old. He lives in Taiz, Yemen. He owns and operates a retail business, selling spare parts in the local community to earn a living. He has been in his business for over three years. He started his business with a small amount, which he had saved, to better serve his customers.

He would like to expand his business but he doesn't have sufficient money, due to few clients are coming to his business. So, he applied for a Youth Loan of 100,000 YER from AMB, with which he will buy spare parts for his business inventory. He plans to use his loan to strengthen his business and generate more profits. This will help him to support his parents and plan for his future, eventually having a house of his own.



Loan details

Loan length:

14 months
Disbursed date: April 11, 2013
Facilitated by Field Partner: Al-Amal Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 11, 2013
Facilitated by Field Partner: Al-Amal Microfinance Bank