Grameen Yemen is a local non-profit organization inspired by the concept of microcredit and social businesses of Professor Muhammad Yunus, Nobel Prize laureate. The organization plays an important role in alleviating poverty and improving economic and social conditions in rural areas by replicating the Grameen Bank model in collaboration with the Yunus Center and Grameen Trust in Bangladesh. Grameen Yemen Foundation (GYF) started its fieldwork at the beginning of 2020 to provide financial and developmental services to poor people with low income.
Grameen Yemen Foundation offers a range of financing products that target the poor, especially women in rural areas to improve their living standards and reduce poverty. These products are designed to fund income-generating activities and projects, as well as to build and improve the entrepreneurial capacities of young people.
Grameen Yemen Foundation, in collaboration with technical support from Grameen trust, offers different financial products targeting the poor, especially women in rural areas, to raise the living standards of the targeted group, reduce poverty by financing income-generating activities, as well as entrepreneurial capacity-building initiatives for these families. The financial products include basic financing, seasonal financing, micro enterprise financing, and entrepreneurs financing.
A small financing is granted to rural women with the aim of improving their capabilities
Read MoreThe basic financing
Financing is granted to distinguished members who have previously received basic financing and have excelled in managing the previous activity and have the desire and ability to expand the activity.
Read MoreSeasonal financing
Easy financing granted to ambitious youth to create job opportunities and reduce the high unemployment rate among youth, and instill the spirit of initiative and entrepreneurship in them to establish their own small projects (we are not job seekers, we are job givers ) to improve the living conditions of family members.
Read MoreNobin Entrepreneur
Financing is granted to meet the requirements of distinguished members "who have previously received basic or seasonal financing"
Read MoreMicro enterprise financing
In order to reinforce the role and activities of the various Grameen Yemen Foundation initiatives, through which it has launched social and development initiatives that promote a culture of social responsibility, the Foundation has taken the initiative to implement quality projects and interventions to achieve sustainable development goals.
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