Success Stories
Words of praise by our customers
MAAL MFI CHANGED MY LIFE
Muna Hassan, a mother of 3 children. Muna used to live with her husband in Mogadishu. They lived together for 5 years and had 3 children together. Her husband was not faithful to her and they had to fight now and then during their marital times.
“My husband yells at me whenever I ask him money for our basic needs, I was depending on him I wasn’t able to feed my children without his help I used to pray to God that one day I will be an independent and strong mother”
Whenever Muna wants to start her own business, her husband refuses and threatens her that he will take away his children from her.
One-night Muna and her husband had a bad argument and fought. He beat her badly and she couldn’t take it anymore and asked him for a divorce. Since that night Muna’s life became more difficult and she didn’t know where to start.
“I was begging food from my neighborhood so that I can be able to feed my little ones, I was tired of begging every day,” said Muna.
She started looking for a place to start a cafeteria business near her home so that she will able to take care of her kids as she did her business and finally found a small place close a petrol station called (Hass petrol station) in Bakarah. Muna asked for help from her family and they gave her money to build small place and to buy furniture like chairs and tables and some utensils. But unfortunately, she was not able to buy a coffee maker. Then she learned about loan programs for start-up entrepreneurs being offered by microfinance institutions.
She went to many microfinance organizations to help her secure a loan, but they all refused to give her a loan or buy her a coffee maker because she didn’t have an ongoing business that microfinance will trust her with their loans.
When Muna was about to give up, one of her family members introduced her to Maal microfinance and she came to visit our office and told us about her story, she asked us to buy for her a coffee maker with a loan of USD 120 and she agreed to repay her loan within 6 months.
Muna is a hardworking and strong mother, she worked hard to repay her loans on time. She makes her regular repayment on her loans and is now looking to qualify for a second, larger loan.
“Maal microfinance has made me independent Today, I don’t have to worry about providing for my family, it is a big change for me, my business helps me to provide for my children’s clothing, food, and school fees, and I save money.it has changed my family’s life a lot”
The business has gone to be a success. She has now hired four new employees to help her and sells over 500 cups of coffee in a day and she also sells some desert such as cupcakes, donuts, and pancakes. Muna provides free internet to attract more customers and also gives discounts to her potential customers.
THE STORY OF SADIO
We all have the right to financial services such as savings accounts, fund transfers, loans, and insurance, but many people live without access to these services, so the obstacle to overcoming poverty or attaining financial instability can be insurmountable. This is where Maal Microfinance comes in. Maal Microfinance helps small businesses and individuals with financial difficulties by training them and giving them microcredit.
This is the story of Sadio, which shows the power of microfinance in helping people by giving them opportunities to learn and improve their entrepreneurship.
Sadio was facing financial difficulty after her husband migrated, and she was eight months pregnant. At the time, she was also caring for her elderly mother, who needed special care. She was the only person her family relied on.
Maal Microfinance gave Sadio training in managing small businesses and also taught her skills that she can use to manage her new business. After successful training, Maal Microfinance created a job for Sadio by opening for her a boutique in which she sells fashionable clothes and shoes for women and men.
Sadio became skilled at managing small businesses, and she pays off her investment loans Monthly. Sadio said that she is only successful because of her hard work, Maal Microfinance, and the will of Allah.
Sadio is now a financially independent, empowered woman who is living a successful life. She is a self-sufficient mother who raises her beautiful child, takes care of her mother, and of course, she is a successful entrepreneur.
Chilling Success: Mohamed's Journey of Empowerment.
Mohamed, a driven individual with a remarkable ambition to establish an ice factory that would cater to the local community’s needs. However, financial constraints stood as a significant obstacle, leaving his dreams seemingly out of reach. Little did he know that his life was about to take a momentous turn with the intervention of Maal Microfinance, an Institution dedicated to empowering individuals through sustainable financial solutions.
Recognizing Mohamed’s potential and the district’s demand for ice, Maal Microfinance saw an opportunity to support his entrepreneurial spirit. They embraced his vision and were determined to assist him on his path to success.
With Maal Microfinance’s support, Mohamed’s long-desired dream of owning an ice factory became an attainable reality. They provided him with the necessary funds to kick-start his business, covering the costs of equipment, machinery, and initial inventory. The ice factory ensured convenient access for customers and local businesses.
As the ice factory gained traction, Mohamed soon realized the need to expand his workforce in order to meet the growing demand. With Maal Microfinance’s backing, he was able to hire one dedicated individual, not only streamlining operations but also contributing to the local economic landscape through job creation.
Maal Microfinance’s support went beyond financial assistance. They recognized the significance of equipping Mohamed with the knowledge and skills necessary for sustained success. Through comprehensive training programs in business management, financial planning, and customer service, Mohamed was empowered to make informed decisions, manage his finances effectively, and provide outstanding service to his customers.
As Mohamed’s ice factory flourished, it swiftly became an invaluable resource within his District. Local businesses relied on his ice to cool beverages and preserve perishable goods, while residents appreciated having a reliable ice supplier for their everyday needs and special occasions. The success of the ice factory not only bolstered Mohamed’s confidence but also fostered economic growth and development within the district.
With the steady growth of his business, Mohamed’s income substantially increased. This newfound financial stability allowed him to provide his family with improved healthcare, education, and an enhanced overall quality of life. Through his unwavering dedication and hard work, Mohamed emerged as an inspiration to others in the community, exemplifying that dreams can indeed materialize with the right support and opportunities.
Mohamed’s ice plant is a brilliant example of the power of microfinance and the tenacity of people. His goal became a thriving reality because to Maal Microfinance’s persistent support. The ice factory is still providing employment opportunities and boosting the local economy for the town. Mohamed’s tale is a striking reminder of the microfinance industry’s capacity to empower people, alter communities, and pave the path for a better and more affluent future.
SHARIFA'S JOURNEY TO SUCCESS
Sharifa is a mother of 7 children who lives with her sick husband in Mogadishu. She had a small shop near her home which was valued at USD 2000. She used to sell small items like detergents, cooking oil, matchbox, and other items.
“I wake up very early in the morning, pray do my house chores, and get my children ready for school when I am done, I start going to our shop so that I am able to feed the children and take care of my sick husband,” Sharifa said.
Unluckily her sick husband was hospitalized and he was rushed to the emergency room for an operation. Sharifa paid USD 1000 for hospital bills. Therefore, she was left with USD 1000 only, which is not enough to run her shop, care for her husband, educate her children, and feed them.
“I was very stressed and depressed and I did not have any idea where to start and my life become more complicated”
After a few days, Sharifa was introduced to Maal microfinance by one of her friends. And she came to visit us and narrated her problems to us and she asked us to give her a loan of USD 500 which she agreed to repay within 6 months.
Her business has grown since then and made good progress. She worked hard to repay her loans on time so that she could acquire subsequent and larger loans.
Sharifa now owns a big shop and she sells her goods to her customers both retail and wholesale.
“Maal microfinance has lifted us from poverty, now my kids can eat three times a day unlike before where they had only one meal a day, we considered ourselves lucky, now we I can provide clothing and books for them”
Over time, sharifas income grew enough to take care of her sick husband and has also allowed her to give her children the best education and also to hire some of her family members to take care of her business.
Sharifa now is setting up her second business inside the town where she can get more customers easily and compete with her competitors.
Today, Sharifa supports and hosts other women who are struggling to raise their families and is now a proud mother who supports her family’s economy.
The Power of Microfinance: Sahro's Story
Sahro, a hardworking and determined individual, had always dreamed of owning her own business. However, financial struggles made it difficult for her to provide for her family, let alone invest in her dream. Despite the challenges, she never gave up hope and continued to work tirelessly to create a better future for herself and her loved ones.
One day, Sahro learned about Maal Microfinance, an Institution that provides financial support to aspiring entrepreneurs. She decided to take a chance and approached them with a proposal for investment. To her delight, Maal Microfinance saw the potential in her idea and agreed to invest in her business.
With the investment, Sahro was able to open a small shop in her community. She worked hard to build a reputation for quality and customer service, and her business quickly gained popularity.
Sahro’s success didn’t stop there. She was able to use her profits to invest in other aspects of her business, such as marketing and inventory management. This allowed her to reach a wider audience and offer a more diverse range of products, further solidifying her position in the community.
Today, Sahro’s business is thriving. She is proud of what she has accomplished and is grateful for the support of Maal Microfinance. With their help, she was able to turn her dream into a reality and create a better life for herself and her family.
As word spread about Sahro’s shop and the exceptional service she provided, her business started to flourish. The once-struggling entrepreneur was now the proud owner of a successful enterprise. Sahro’s dedication and commitment were evident in every aspect of her work. She treated her customers with warmth and respect, ensuring that each person who walked through the doors of her shop felt valued and appreciated.
Thanks to the opportunities provided by Maal Microfinance, Sahro has transformed her life. No longer struggling to get by, she is now able to provide fully for her family through her own small business. She serves as an inspiration in her community, showing others what they too can achieve with access to financial resources and support. Sahro is living proof of the power of microfinance – to lift families out of poverty.
Empowering Mothers Through Microfinance
A resilient and determined mother named Maano embarked on a journey towards empowerment and financial independence. Maano, like many single mothers in her community, faced numerous challenges and limited opportunities. However, her life took a transformative turn with the assistance of Maal Microfinance, an Institution dedicated to empowering women through sustainable financial solutions.
Recognizing Maano’s potential and her desire to create a better future for herself and her children, Maal Microfinance stepped in to support her entrepreneurial aspirations. Maano presented her business idea, a small shop that would cater to the needs of her community. Impressed by her determination, Maal Microfinance saw an opportunity to invest in Maano’s dream and provide her with the necessary support and resources to thrive.
Guided by their commitment to empowering women, Maal Microfinance worked closely with Maano, providing her with the tools to create a sustainable future. The first step was to assess her business plan and evaluate its feasibility. After thorough discussions and analysis, Maal Microfinance approved Maano’s loan application, granting her the funds required to establish her shop.
With the financial support from Maal Microfinance, Maano wasted no time in setting up her shop. She carefully selected a strategic location, ensuring maximum visibility and foot traffic. The shop offered a wide range of products that catered to the needs and preferences of the local community.
Maal Microfinance recognized that financial assistance alone was not enough to ensure Maano’s long-term success. They understood the importance of equipping her with knowledge and skills. To that end, Maal Microfinance provided comprehensive training programs to Maano. These training sessions covered financial management, marketing strategies, and customer service, empowering her with the necessary tools to make informed decisions and secure the sustainability of her business.
As Maano’s shop thrived, so did her dreams of providing a better life for her family. The earnings from her business enabled her to support her elderly mother and children, offering them improved healthcare, education, and overall well-being. Through her dedication and hard work, she became an inspiration for other single mothers in her community, proving that with determination and support, dreams can become a reality.
Maano stands as a proud testament to the power of women empowerment and the impact of microfinance. Her journey from a single mother facing challenges to a successful Shop owner and provider for her family exemplifies the resilience and determination of women. Thanks to the unwavering support of Maal Microfinance, Maano’s shop continues to thrive, creating a sustainable future for herself and inspiring countless other single mothers to pursue their dreams with unwavering determination and hope.
A Success Story of Youth Empowerment
Fadumo, a young mother, was struggling to make ends meet and provide for her family. Despite her best efforts, she found it increasingly difficult to make a living, leaving her and her children in a state of poverty. However, her situation took a turn for the better when she came to know Maal Microfinance, a reputable microfinance institution dedicated to empowering young entrepreneurs like Fadumo. In this story, we will explore how Maal Microfinance helped Fadumo turn her life around and become a successful business owner, providing for her family and creating jobs for others in the process.
Fadumo, a young mother, had been living in poverty for several years. Despite her determination to provide for her family, she found it challenging to make a living in the competitive job market. She had tried various jobs, but the pay was meager, and she could barely make it. As a result, she often went to bed hungry, with her children. Despite her best efforts, Fadumo found herself in a vicious cycle of poverty, with no clear way out.
Fadumo received an investment from Maal Microfinance. With this investment, she was able to open a small grocery shop. Maal Microfinance provided Fadumo with the necessary training and support to run her business successfully.
Fadumo’s grocery shop quickly became a popular destination for locals, who were drawn to her competitive prices and wide selection of goods. With the profits from her business, Fadumo was able to provide for her family and even hire three employees. Her business continued to grow, and within a year, she had expanded her shop to accommodate more customers and stock.
Fadumo’s success with her grocery shop had a significant impact on her family and the community. Her children were able to attend school regularly. Fadumo was also able to repay the investment from Maal Microfinance, providing a source of income for her family.
Fadumo’s success story was not just about providing for her family; it was also about empowering herself and other young people in the community. By receiving the investment from Maal Microfinance, Fadumo was able to take control of her financial future and create a better life for herself and her family. She was no longer reliant on others for financial support and was able to make decisions about her own life and future.
Khadro's experience with Maal Microfinance L.T.D.
In the fertile lands of the Gedo region, a tale of empowerment and agricultural success unfolded as Khadro Jama, a determined farmer, found her life transformed by the unwavering support of Maal Microfinance L.T.D. Through their comprehensive investment and commitment to women’s empowerment, Khadro’s farm flourished, showcasing the transformative power of financial assistance and the strength of women in agriculture.
Khadro Jama, a farmer in the Gedo region, faced numerous hurdles in her pursuit of a prosperous farming business. Limited access to capital, inadequate resources, and the burden of shouldering all the costs of the farming process hindered her ability to expand her operations and achieve a bountiful harvest. However, her determination to succeed never wavered, and her dreams of a thriving farm persisted.
Recognizing Khadro’s potential and the barriers she faced, Maal Microfinance stepped in as a catalyst for change. Understanding the importance of empowering women in agriculture, Maal Microfinance offered to invest in Khadro’s farm by covering all the costs associated with the farming process, including seeds, fertilizers, equipment, and labor. This comprehensive support alleviated the financial burden on Khadro and allowed her to focus on maximizing her farm’s potential.
With the financial burden lifted, Khadro could fully commit her time and energy to cultivating her land. Maal Microfinance provided her with specialized training programs, equipping her with modern farming techniques, sustainable practices, and knowledge to increase productivity. Khadro embraced these opportunities, eagerly absorbing the knowledge and applying it to her farm.
With the support of Maal Microfinance, Khadro’s farm thrived. The carefully selected seeds, coupled with proper fertilization and irrigation techniques, nurtured healthy crops that flourished under Khadro’s diligent care. The investment made by Maal Microfinance yielded a remarkable harvest, exceeding Khadro’s expectations. Her farm became an evidence to the power of financial assistance and the potential for success when women are empowered in agriculture.
Khadro’s success story became an inspiration for other women in the community. Witnessing her transformation and the impact of Maal Microfinance’s support, more women in the Gedo region gained confidence and actively pursued their agricultural dreams. The empowerment of women in agriculture became a catalyst for change, driving economic growth and gender equality within the community.
Recognizing Khadro’s potential and the barriers she faced, Maal Microfinance stepped in as a catalyst for change. Understanding the importance of empowering women in agriculture, Maal Microfinance offered to invest in Khadro’s farm by covering all the costs associated with the farming process, including seeds, fertilizers, equipment, and labor. This comprehensive support alleviated the financial burden on Khadro and allowed her to focus on maximizing her farm’s potential.
Fahma's Flourishing Clothing Store
In the realm of fashion, Fahma’s success story stands as a shining example of how microfinance can transform lives. With the constant support of Maal Microfinance, Fahma’s dream of owning a thriving clothing store became a reality. Through a free interest loan known as Qard Hassan, Maal Microfinance invested in Fahma’s business, propelling her towards success and empowering her to become an independent woman capable of providing for her family’s needs.
Fahma, an ambitious entrepreneur, envisioned a clothing store that catered specifically to women’s fashion needs. However, limited access to capital and financial resources posed significant challenges to realizing her dream. Undeterred, Fahma sought out Maal Microfinance, renowned for their commitment to empowering individuals through microfinance solutions.
Recognizing Fahma’s entrepreneurial spirit and passion for fashion, Maal Microfinance extended a helping hand in the form of a free interest loan, Qard Hassan. This interest-free loan not only provided Fahma with the necessary capital to establish her clothing store but also alleviated the burden of interest payments, allowing her to focus on nurturing her business. Maal Microfinance’s investment marked the beginning of Fahma’s inspiring journey towards success.
Armed with Maal Microfinance’s support, Fahma diligently set up her clothing store, curating a diverse collection of trendy and fashionable garments tailored specifically for women. From elegant traditional attire to contemporary fashion, Fahma’s store quickly became a sought-after destination for fashion enthusiasts. With her keen eye for style and unwavering dedication to customer satisfaction, Fahma’s store flourished, attracting a loyal customer base.
Through the success of her clothing store, Fahma achieved financial independence and stability. With a steady income stream, she can now confidently pay her rent, ensuring a secure and comfortable living environment for herself and her family. Moreover, Fahma takes great pride in being able to provide for her children’s education, covering their school fees and opening doors to a brighter future for them. Her thriving business has allowed her to meet the needs of her family and enjoy a higher quality of life.
Fahma’s journey has not only transformed her own life but also had a positive impact on her community. As an independent woman and successful entrepreneur, she serves as a role model, inspiring others, particularly women, to pursue their dreams. Fahma actively shares her experience and knowledge, empowering aspiring individuals to overcome obstacles and pursue their entrepreneurial aspirations.
Fahma’s success story, fueled by Maal Microfinance’s free interest loan, showcases the transformative power of microfinance in empowering individuals and communities. Her flourishing clothing store has not only granted her financial independence but has also improved the well-being of her family. Fahma’s journey serves as a beacon of hope, illustrating how access to capital and support can enable individuals to achieve their dreams, provide for their loved ones, and pave the way for a brighter future.
From Struggle to Success
Awliyo’s inspiring success story showcases the transformative impact of Maal Microfinance. As a mother of one child facing financial hardships, Awliyo’s life took a remarkable turn when Maal Microfinance invested in her small-scale retail shop. Through their support, Awliyo transformed into a strong, independent woman, capable of affording rent, paying bills, and providing her child with a quality education. With newfound confidence and financial stability, Awliyo envisions a prosperous future for herself and her family.
Awliyo faced significant financial challenges before Maal Microfinance entered her life. Supporting her family and meeting daily expenses was a constant struggle, leaving her feeling overwhelmed and limited in her options. The weight of rent, bills, and educational expenses for her child placed a heavy burden on her shoulders.
Maal Microfinance offered a lifeline by investing in her small-scale retail shop. This investment provided the necessary capital to establish and expand her business, enabling her to generate a sustainable income and break free from the cycle of financial hardship. Awliyo’s partnership with Maal Microfinance marked the beginning of her transformative journey toward independence and financial stability.
Awliyo’s greatest aspiration has always been to provide her child with a quality education. With the profits generated from her thriving retail shop, she can now fulfill this dream. Awliyo confidently pays for her child’s school fees, ensuring they have access to education and the opportunity to build a brighter future. Through her commitment to education, Awliyo empowers her child to break free from the cycle of poverty and reach their full potential.
Awliyo’s journey with Maal Microfinance has transformed her into a strong and empowered woman. With the success of her retail shop, she no longer feels helpless in the face of financial challenges. Awliyo has gained confidence in her abilities as an entrepreneur and as a provider for her family. Her determination and resilience serve as an inspiration to others in her community, particularly women who aspire to achieve financial independence.
Awliyo’s success story, made possible by Maal Microfinance’s investment, highlights the remarkable impact of financial support and empowerment. With her retail shop thriving, Awliyo has overcome financial obstacles and achieved stability for herself and her family. As she envisions the future, Awliyo dreams of expanding her business further, creating employment opportunities, and contributing to the growth of her community. She aspires to serve as a mentor for aspiring entrepreneurs, sharing her experiences and knowledge to uplift others.
With the support of Maal Microfinance, Awliyo’s small-scale retail shop experienced growth. Her dedication, coupled with the capital investment, allowed her to diversify her inventory, attract more customers, and increase sales. The shop became a trusted destination within the local community, offering a wide range of essential products and providing excellent customer service.
The success of Awliyo’s retail shop brought her newfound financial independence and stability. She can now comfortably afford rent, ensuring a secure living environment for her and her child. Additionally, Awliyo can meet household bills and expenses without worry, relieving the financial strain she once faced. This newfound stability has provided her with peace of mind and the ability to plan for a better future.