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Asdeqa Bihan Group
In this Group: Moamna, Reem, Lamisa

Update on Asdeqa Bihan Group

Asdeqa Bihan is a group which consists of three women from Sana'a, Yemen. Last year, this group applied for its first loan from Kiva lenders. After they finished the repayment of the installment of the first loan, they applied for a second Youth loan of 240,000 YER from Kiva lenders. The first loan assisted the group in make a real improvement inside the family. They are very thankful to Kiva lenders for their first loan.

Reem is the new leader of the group. She is a 25-year-old single woman. Reem is educated with a university education. She couldn't find a job in order to improve the condition of her family. She hopes to open a cafeteria beside her house, but she doesn't have enough financial support to do that. She is very dynamic and vigorous. Her family lives in a humble house. Their house lacks many appliances and furniture, and most of them are very old. She can't afford that, so she wants to purchase furniture for the house. Unfortunately, the family doesn't have enough money to do that. For this reason, Reem requested a loan of 80,000 YER in order to purchase some home appliances such as a new cupboard for the kitchen of the house.

Reem looks forward to opening a cafeteria beside her house in order to help her family with the house expenses.

Previous Loan Details

This group is called Asdeqa Bihan and consists of three women who live in Sana'a, Yemen. They have requested a loan of 180,000 YER from AMB. Among the borrowers is Lamisa, age 26, who is a hard-working homemaker. Although her income is not very consistent, she does what she can to provide for the... More from Asdeqa Bihan Group's previous loan »

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 214.8
    Yemen Rials (YER) = $1 USD

Success!! The loan was 100% repaid

A portion of Asdeqa Bihan Group's $1,125 loan helped a member to buy a new cupboard for the kitchen of her house.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
May 19, 2014
Jun 3, 2014
Currency Exchange Loss:
May 21, 2015