Meet Abdullah Abdullah Mohsen Hameed, a resilient merchant hailing from Al Hodiedah governorate. Despite facing limited resources, low income, and struggling profits in his small retail grocery store, Abdullah was determined to find a solution that would help him expand his project and elevate his living standards.
After an extensive search, he came across the Namaa Small & Microfinance Foundation, renowned for its remarkable financing options and its ability to transform the situations of small business owners. Without hesitation, Abdullah swiftly applied for financing from Namaa, which proved to be a turning point in his entrepreneurial journey. The funds he received helped him double his capital, enabling him to open a wholesale store. Encouraged by this success, he then sought further financing to establish a dedicated warehouse for wholesale operations. This strategic move led to substantial profits, a portion of which Abdullah utilized to diligently repay his installments. Bolstered by his progress, he subsequently applied for two more rounds of financing from the foundation.
As a result of these strategic partnerships, Abdullah experienced a newfound sense of fulfillment. He expanded his business by opening additional wholesale stores and employing workers to manage his flourishing warehouses.
Today, through the blessings of Allah, Abdullah's financial situation has significantly improved, and his living standards have risen to new heights. He remains steadfast in his commitment to repay his installments promptly and is currently pursuing financing options to acquire a vehicle that will facilitate the transportation of his goods to retail stores.
Abdullah's remarkable journey serves as a testament to the adage, "The fruit of success comes from struggle and long patience." With unwavering determination and the support of Allah and the Namaa Small & Microfinance Foundation, Abdullah has transformed his dreams into reality. His project continues to expand, and he is grateful for the invaluable financing options that have facilitated his growth.
May Abdullah's story inspire us all to persevere through challenges and seize opportunities for a brighter future.