Funded

Total loan: $1,175
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Ali

Yemen
Haja, Yemen / Farm Supplies

A loan of $1,175 helped to purchase a water pump.


Ali's story

Ali is a 50 years old married man with seven children. He lives in the countryside of Abs which is very far from the center city with his family.

Ali has a large farm. He plants corn and many kinds of vegetables, including tomatoes, potatoes.

Most of people who live in this area work in the agriculture sector, an area famous for its ground water and wells.

Ali has a well near his farm, and this farm needs to a lot of water. Unfortunately, he doesn't have a water pump to help fetch the water from the well to the farm. He plants and harvests a large amount of vegetables.

Ali sells most of this harvest in local markets and saves some corn in his store for his needs. Ali wants to enlarge his business by planting on more of his own lands, but he doesn’t have the enough money to do that.

For this reason, Ali applied for a loan of 250,000 YER from AMB to purchase a water pump to bring the water from the well to his farm.

Ali hops to purchase more land and plant all kinds of vegetables, fruits and corn. He plans to employ his entire family in the business.



Loan details

Loan length:

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

Lenders and lending teams




Loan details

Loan length:

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