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Abed Al- Nokta Group
In this Group: Salma, Komash, Norya, Raofa
This group is called Abed Al- Nokta. It consists of four women. They all live in traditional and simples families in Sana'a, Yemen. They know one another through friendship and neighborhood connections. They applied for a loan of 160, 000 YER from AMB.
Norya is a 32-years- old married woman. She is the leader of the group. Norya lives with her family in their own house. She is an uneducated woman, but she is very dynamic and vigorous. She works as a house wife and her husband is the sole breadwinner of the family. Her husband built his own house, but he couldn't complete it. Most of rooms are not complete and without renovation. Norya decided to support him financially. As a result, Norya is requesting a loan of 40,000 YER from AMB. She will use the loan to purchase cement and bricks in order to complete the building of the house.

Norya hopes to build the second floor and renovate it.

Additional Information

More information about this loan

This loan is governed by Islamic lending principles. Because Islamic Law prohibits the charging of interest, Al-Amal is charging 0% interest on this loan. This is a Murabaha loan, which means that Al-Amal purchases goods for borrowers and charges a fee or mark-up. Click here to learn more about this loan type and Kiva's approach to lending in the Islamic world.   

About Al-Amal Microfinance Bank

Al-Amal reaches out to low-income micro-entrepreneurs and small business owners in Yemen with a suite of credit, savings, and insurance products tailored for Muslim borrowers. Before lending through Al-Amal, please consider the following:

1) Due to ongoing security concerns, full due-diligence of Al-Amal was conducted remotely rather than on-site. This makes Al-Amal atypical among Kiva's Field Partners, as Kiva staff have not conducted an on-site assessment. Al-Amal's assessment included in-person meetings with the top management in other, more secure locations in the Middle East.

2) Because Yemen is a new and unstable environment, there is a possibility that future loan repayments could be held indefinitely in the country for regulatory reasons, even if individual borrowers pay back their loans. As a lender to borrowers in Yemen, you accept this additional risk.

Additionally, all of Al-Amal's products are Sharia compliant and customized for its Muslim clients. Most of the loans are structured as Murabaha interest free loans. Al-Amal purchases goods for its borrowers and charges them a markup or fee. Al-Amal is also experimenting with Ijarah loans (an Islamic leasing product). For more information on Islamic microfinance, please click here.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.


About Yemen

  • $3,900
    Average annual income
  • 0
    View loans »
    Yemen Loans Fundraising
  • $3,225,150
    Funds lent in using Kiva
  • 214.9
    Yemen Rials (YER) = $1 USD

Success!! The loan was 100% repaid

A portion of Abed Al- Nokta Group's $750 loan helped a member to purchase cement and bricks in order to complete the building of the house.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Apr 20, 2014
May 20, 2014
Currency Exchange Loss:
Feb 17, 2015