Due to Corona, we applied online, created an electronic e-Wallet account, took the money and started the project.
Marah Al-Masri - Al-Salt
- > 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
- > 62 branches
- > 700 employees
- > 68% of employees are women
Khalid has always worked in self-employment but has not been content with it and wanted to have an independent business to secure a stable income for him and his family of four.
Khalid benefited from the funding he got from Microfund for Women to open a bakery, which is now the primary source of income for the family. Khaled aspires to expand the business and add different types of bread to the ones he already prepares to meet the needs and preferences of everyone in his community.
He is pleased with his relationship with Microfund for Women, which is based on respect, transparency, and honesty. He describes it as good and positively affecting his business.