A loan of $950 helped to buy different kinds of spices in order to expand his business.


Fawaz's story

Fawaz is a 23-year-old, married man who lives in Taiz, Yemen. He has gone through some hardships in his life. However, because of his dedication and desire to get ahead in life, he has been able to overcome these difficulties and make progress, together with his family. He owns a spice shop where he offers basic consumer goods for sale. He has been operating his business for two years. He started his business with a small grocery store, then he sold it to his brother and was able to establish a spice shop. Recently, his inventory of merchandise has diminished considerably. With the intention of increasing the quantity of products that he offers, he wants to buy more food products to display for his customers. However, he does not have enough capital to make all of these purchases. For this reason, he requested a loan of 200,000 YER from AMB. This loan will allow him to buy different kinds of spices in order to expand his business. In the future, he would like to expand his business to increase his profits.



Loan details


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Loan details