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
- > 138,435 active borrowers
- > 96.2% of active borrowers are women
- Total amount of loans disbursed is > 70,144,430
- Repayment rate is > 96%
- > 1,000,000 loans
- > 31 international and local awards
- > 63 branches
- > 706 employees
- > 72.4% of employees are women
Yasmeen faced a dilemma of how she could start a small business to help her husband, and at the same time, keep fulfilling her responsibilities and duties towards her family and home.
She decided to start selling clothes from home, so she went to MFW and received the loan to buy what’s needed.
At first, Yasmeen struggled with her lack of experience and knowledge in marketing and how to attract customers and convince her husband of the project’s benefits. She overcame all of those challenges and succeeded in creating adequate extra income for her family. Now she wants to expand and open a shop in Sahab after the Corona situation ends.
Yasmeen also benefited from other services that MFW provides to beneficiaries and their families, such as Afiyatuna Microinsurance, which compensates beneficiaries with a certain amount of money each night they spend at the hospital. She also benefited from Altibbi smartphone application, which allowed her to receive medical consultation from specialized doctors over the phone.
Motivated by her experience with MFW, which she described as exceptional, Yasmeen had this to tell all women: “You are strong and can be independent and successful. You need to act now and take a leap of faith.”