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Ebtsamat Al- Hayat Group
In this Group: Eshrak, Iman, Rabab, Ghada
This group, Ebtsamat Al- Hayat, consists of four women from Sana'a, Yemen. They applied for a loan of 190,000 YER from Al-Amal Microfinance Bank.

Iman is a 32-year-old married woman with one-year-old son and lives with her family in her own house in the capital city of Sana'a. She is the leader of the group. She has a University education, and now she is an employee as a teacher in a private school. The money that she receives from her job is not enough to cover all the expenses of the family. Iman lost her own phone last month and now, she is without a phone and her house has very old furniture. The phone is very important to connect her with other people, particularly in her business, and most of the furniture inside her house is very old and needs to be replaced. For this reason, Iman decided to apply for a loan of 50,000 YER from AMB to purchase new phone and new furniture for her house.

Iman looks forward to starting and managing her own private school business.

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
  • 214.8
    Yemen Rials (YER) = $1 USD

Success!! The loan was 100% repaid

A portion of Ebtsamat Al- Hayat Group's $900 loan helped a member to purchase new phone and many of the new furniture for her house.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jul 24, 2014
Aug 24, 2014
Currency Exchange Loss:
Jul 29, 2015