Translate this page

English Arabic French German Greek Swahili Turkish

28 March 2026 / 9. Shawal 1447

Yemen Appeal
NEWSWIRE: Wheels of Fortune

We have started an exciting microfinancing project in the transport industry! 

We are currently working with India Federation to help young people in India start-up Uber and Ola businesses. These two companies are amongst the most popular transport providers where individuals can earn money as independent contractors by giving rides to customers.
 
The unemployment rate amongst the youth in India is particularly worrying and is one of the driving forces behind this self-sustaining opportunity. 
 
We intend to fund the purchase of cars for those whom we have vetted as deserving applicants and allow them to set up individual transport businesses. These car owners will receive the funds as interest-free loans, with a monthly repayment over 2 years.
 
The lifetime of the cars is approximately 7 to 9 years and this gives the owners plenty of time to uplift and establish the situation of their families. Once the loans are paid back, we intend to recycle the new funds back into the project to give new applicants a similar chance to provide long-term stability for their families.
 
For more information about this project and our previous work in India, please click here.

To donate to this cause, please click here. 
(search for Micro-Finance)

Related News

Eid al Hajj 1437/2016: Arrange your Qurbani with us

On the occasion of Eid al-Hajj, The World Federation is now taking orders to facilitate Qurbanis (sacrifice of a goat) performed on your behalf.

UN Millennium Development Goals (MDGs): Goal 2 - The World Federation contributes to achieving universal primary education

Since 2010, The World Federation has been doing its part to ensure that the Millennium Development Goals (MDGs) formed by the United Nations are met by 2015. MDG GOAL 2 was to achieve universal primary education.


Tropical Storm hits Madagascar - 13 Killed and Thousands Displaced

In the afternoon of 16th January 2015, a severe Tropical Storm, known locally as "Chedza" hit parts of Madagascar bringing heavy thunderstorms across much of the country.