I make a living off of my family coffee kiosk. However, with all the electric appliances used in the business, most of the profit went to the energy expenditure. With Taqati loan, I installed a solar energy system which helped decrease my energy bills while my household income increased!
Amal Al-Misadin - Buseira
- > 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
Being a new beneficiary of Microfund for Women, Lubna managed to get a loan to buy the needed material, ingredients, and equipment for her home-based business.
Despite the challenges she faced, like the lack of marketing and limited resources, Lubna successfully improved her family income.
Lubna added that she took advantage of the non-financial services provided by Microfund for Women after downloading the app, which helped her learn more about these services.
Lubna concluded the interview by praising her experience with Microfund for Women, bragging on how much of an outstanding experience it was. She is planning on benefiting more from the loans to grow her business.