Funded

Total loan: $1,025
Powered by 31 lenders

Al- Fayha Group

Yemen
Aden, Yemen / Cosmetics Sales

A loan of $1,025 helped a member to purchase accessories and makeup to sell.


Al- Fayha Group's story

This group is called Al-Fayha. It consists of four ladies living in Aden, Yemen. This group has requested financial aid of 220,000 YER from AMB to boost their business.

The group's representative, Rayda, is 43 years old and married with four children, living with them in their own house. Her oldest child is 16 years old and the youngest one is 10 years old. She is the leader of the group.

Rayda studied until secondary school, but she couldn't complete her studies because of many circumstances inside her family. She decided to help her husband in the expenses of their family.

She has started up as a door-to-door seller for 20 years by selling accessories, makeup, and other women's things. Her income from this small business is good, but not enough to develop it; most of what she earns goes to the expenses of her family.

Therefore, she applied for a loan of 70,000 YER from AMB in order to purchase more accessories, makeup, and cosmetics to sell.

Rayda looks forward to expanding her business and provide her family with better living conditions.

Her dream is renovate her old house.

In this group: Rayda, Lyla, Inas, Weam
*not pictured



Loan details

Loan length:

14 months
Disbursed date: March 16, 2014
Facilitated by Field Partner: Al-Amal Microfinance Bank

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: March 16, 2014
Facilitated by Field Partner: Al-Amal Microfinance Bank