Funding Benefits

 

"Success does not require desire but also courage."

Ibrahim Ali is a farmer from Al-Hudaydah governance. He owned a small farm, a few sheep, and cattle that helped him support his family. Ibrahim always dreamed of expanding his modest project, increasing the number of livestock and sheep, and expanding his farm to generate profits that would improve his low standard of living. To achieve this goal, Ibrahim began searching for a way to reach it. He founded Nama Small and Microfinance Foundation and applied for financing. Nama Foundation assisted him in purchasing several livestock and sheep, which he raised until their numbers multiplied. He then submitted another financing request, which helped him purchase a group of cows and care for them until their numbers also multiplied. With the profits he earned, he repaid the financing and obtained another financial fund. He used the new financial fund to purchase another group of sheep and cattle and invested in his farm by cultivating sesame and sugarcane, selling the harvest to generate additional profits, and trading in livestock. This enabled him to repay all his debts and expand his project, transforming it into a successful agricultural and animal commercial enterprise. Ibrahim now has 200 sheep and cattle and 20 cows. His project continues to grow, and the realization of his dream has become real in his life, serving as an inspirational story for anyone seeking self-sufficiency and aspiring to become a successful entrepreneur.