2008

Al-Amal Microfinance Bank started its operations.

2009

•      Issuance of Microfinance Law.

•      Establishment of Yemen Microfinance Network (YMN ).

•      Encourage the private sector to enter the MF sector (Alkuraimi MF Bank).

2010

•      Graduation Project.

•      Issuance Mobile Banking legalization.

2011

Crises

The microfinance sector was effected by the political instability that began in February 2011 which had a significant impact on the overall economy of the country.