Financing: Expanding Dreams
Financing: Expanding Dreams!
Let's dive into the remarkable success story of Ahmed Hadi Al-Sumai'i, a proud resident of Sineenah Street in the Capital City, hailing from Amran Governorate. With a burning ambition to establish a profitable investment project, Ahmed took a bold step in 2003 by opening a small grocery store with a capital of 400,000 Riyals. However, he soon realized that additional funds were vital to fully realize his vision of overcoming poverty and achieving self-reliance for himself and his family.
Through extensive research, Ahmed discovered Namaa Small and Microfinance Foundation. He took his first financing from Namaa Foundation , receiving a sum of 30,000 Riyals. Fueled by determination, Ahmed diligently repaid his loans and remained steadfast in seeking further financing from Namaa Foundation. His unwavering commitment led him to secure over 17 financings, amounting to an impressive total of 11,810,000 Riyals. These funds played a pivotal role in the resounding success and expansion of his project.
Today, Ahmed's venture stands tall as Al-Sumai'i Commercial Supplies, an all-encompassing entity offering a diverse range of wholesale and retail food items. This transformation has not only bolstered his capital but also magnified the scale of his project, increased his income, and elevated the living standards of his family, which comprises 10 individuals.
Driven by his unyielding dedication and unwavering work ethic, Uncle Ahmed's project continues to flourish and evolve. His remarkable journey serves as a powerful testament to the transformative power of financing in turning dreams into reality.