Due to Corona, we applied online, created an electronic e-Wallet account, took the money and started the project.
Marah Al-Masri - Al-Salt
- > 140,685 active borrowers
- >95.80% of active borrowers are women
- Total amount of loans disbursed is > 25,946,773.
- Repayment rate is >94.46%
- > 30,441 loans
- > 31 international and local awards
- > 63 branches
- > 745 employees
- > 73.15% of employees are women
Hannan dreamed of having a business of her own to support her husband in covering the expenses of her big family of 6. Still, she could not fulfill her dreams with the lack of cash flow and the piling heaps of dept from the many commitments. However, having visited Microfund for Women and got to know about their financial aid services, she decided to take advantage of these services and take funding to start her business.
Today, she has a famous pastry shop favored by many people in her community. Moreover, the shop earns her a good income as she was able to use part of this income to set up a hair salon for her daughter, all with the help of her daughters-in-law, who are helping her at her shop.