With a small plan, I could support my family, and through Microfund for Women’s platforms, I was able to market my business to expand it and help more families in need.
Amal Abd Al Lateef
- > 136,000 active borrowers
- > 96% of active borrowers are women
- Total amount of loans disbursed is > 661,575,358
- Repayment rate is > 98%
- > 1,000,000 loans
- > 31 international and local awards
- > 63 branches
- > 700 employees
- > 68% of employees are women
The beneficiary started working as an employee at a nursery of a charity in Al-Mazar Al-Shamali. After acquiring the required experience in nursery management, Hanaa decided to start her project with her friend. MFW granted her a loan to cover the establishment and running cost, and after a while, she decided to end her partnership with her friend due to managerial and financial reasons. She applied for another loan from MFW and expanded her project by renting a house and turning it into a nursery that better meets the area’s needs. Hanaa aspires to develop the nursery further to include better and more advanced teaching methods.