A loan of $2,350 helped to buy construction supplies to expand his business.

Aref's story

Aref is a 35-year-old married man with three children living with him in Taiz, Yemen. Although Aref has a university certificate, he couldn’t find a job because of Yemen's economic situation where the unemployment rate increases day after day. Aref decided not to wait for years to get a job either in the public or private sector. Instead, he worked very hard in order to begin his own business. At first, he collected used metal materials and resold them to the metal factory for eight years. Year by year, he improved his business and opened a small construction supplies store. Over time, the store has become bigger and bigger. Now, he is earning a good profit, but it is really not enough to purchase more construction supplies. Most of what he earns goes to the rent for the store and the rest goes to the expenses of his family. Therefore, Aref applied for a loan of 500,000 YER from AMB in order to expand his store.

Aref looks forward to increasing his capital and becoming a wholesale dealer. His dreams are to provide his family with a better future and send his children to a private school to receive a better education.

Loan details

Lenders and lending teams

Loan details