Funded

Total loan: $475
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Morad

Yemen
Taiz, Yemen / Manufacturing

A loan of $475 helped to buy various iron items which will allow him to expand his business.


Morad's story

Morad is 32 years old and a married man. He lives in Taiz, Yemen. He runs an iron welding workshop to earn a living. He started working six years ago as an employee earning a daily wage with someone who has the same business. Then he worked hard to save money until he was able to open his own welding workshop. Morad's business has gradually grown, thanks to his great work capacity, discipline, and responsibility. He is able to attract his customers because he is a professional at making different shapes of doors and windows in iron.

Presently Morad is applying for a loan of 100,000 YER from AMB to buy various iron items, which will allow him to expand his business. His investment will be successful because he has a lot of experience. In the future, Morad hopes to expand his business to in order to improve his living conditions.



Loan details

Loan length:

13 months
Disbursed date: February 17, 2014
Facilitated by Field Partner: Al-Amal Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: February 17, 2014
Facilitated by Field Partner: Al-Amal Microfinance Bank