Funded

Total loan: $950
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Fares

Yemen
Sana`a, Yemen / Phone Accessories

A loan of $950 helped to purchase greater quantities of phone accessories like mobiles, mobile recharge cards, mobile covers, etc. for his retail business.


Fares's story

Fares is a 28 year-old single man; he lives in Sana`a, Yemen. He has been operating a phone accessories business for three years. He started with a small amount to establish his business. As his clientele has grown, he has added a greater variety of merchandise, and his sales have increased. Today his business has faithful clientele that refer new customers to him.

He is requesting a youth loan of 200,000 YER from AMB to purchase greater quantities of phone accessories like mobiles, mobile recharge cards, mobile covers etc. These items have a fast turnover, and the resulting profits will enable him to expand his enterprise.



Loan details

Loan length:

14 months
Disbursed date: August 6, 2013
Facilitated by Field Partner: Al-Amal Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 6, 2013
Facilitated by Field Partner: Al-Amal Microfinance Bank