In addition to Murabaha, MASYAP is actively supporting support group members through the Qarde Hassana Program. This initiative offers interest-free loans designed to foster self-reliance and boost economic resilience among members. Currently, participants are in their second repayment cycle, showing a commendable commitment to timely repayments. The positive repayment rates reflect not only the diligence of the members but also the empowering impact of accessible financing on their lives and financial independence.
The Qarde Hassana Program also encourages a culture of savings, and many members are successfully building their savings alongside loan repayments. This combination of structured financing and financial discipline aims to foster a stable and sustainable source of income for members, helping them thrive economically.
As part of the Murabaha Microfinance Program, MASYAP supplied beneficiaries with essential business equipment to help them improve productivity and business efficiency. Among the items sold were a sausage maker and large restaurant pots, each chosen to support food-related business ventures. These tools provide opportunities for members to expand their operations, enhance their product offerings, and generate increased income for themselves and their families.
The impact of these distributions is already evident, as members now have access to more efficient equipment that will support their long-term business goals and growth. MASYAP remains committed to identifying the right resources to ensure every member can succeed in their chosen field.
