alur putaran mahjong terkinilink akses situs mahjong barumengasa skill main mahjongoptimasi fitur mahjongmahjong ways scatter tanpa hentitrik ampuh mahjong wayskegacoran instan ahjong ways 2kemahiran mahjong ways 2 rtp game tertingginikmati keuntungan menarik bermain di game server belanda 20259 trik main game sugar rush 1000panduang lengkap cara menang game terbaru 2025teknik jitu game gachor terpercaya 20258 teknik jitu pancing scatter dalam game online7 trik maxwin game mahjong wins terbaru menjelang imlek 2025kunci sukses bermain game online gampang dapat scatter 2025strategi bermain game online di situs akun pro spanyolbocoran admin papichulofreespin candy boompemain menang microgamingnelayan menang pg softfreespin game zeuspemenang game habaneromega jackpot dragon tiger luckscatter aztec gemsuntung bonanza goldpemain vip pragmatic playfreespin wild west goldmaxwin sweet bonanzawarga menang joker jewelsjackpot gates of olympusscatter gacor mahjong ways 2guru maxwin starlight christmas0972 mahjong belum jp0973 mahjong hadiah besar0974 olympus maxwin0975 mahjong cepat cuan0976 mahjong pede0977 olympus auto jepe0978 mahjong kang bakso0979 mahjong berjuang bersama0960 mahjong cara mudah0961 mahjong akun sultan0962 rtp hasilkan scatter0963 mahjong sikat terus0964 mahjong cuan anti ribet0965 pragmatic kembali lagi0966 sweet bonanza terus cuan0967 mahjong selamat0968 mahjong cetak cuan besar0969 olympus musim panas0970 mahjong rekor jp0971 mahjong rahasia trikbocoran admin jackpot olympus xmas 1000hujan perkalian starlight princesspermainan gacor mahjong waysangpao game mahjong waysgame online seru mahjong waysgates of olympus server macauorang it bongkar trik menang game onlineakun jackpot maxwin terbesarrtp live tertinggi hari initaktik jackpot untuk pemulahksbet situs gacor terpercaya gampang menangpola jitu mahjong wins 3situs game luar negeri dengan hadiah maxwin terbesar menjelang imlekgunakan pola gachor mahjong ways terbaru untuk raih hadiah angpao spesial imlek7 game online terbaik di situs akun gachor prodaftar provider unggulan situs game88 mudah maxwin spesial imlekdaftar apk game maxwin terbaru menjelang imlek 2025cara mengakses link super maxwin terbaikcara menang game untuk anggota baru mudah jackpot terbaru 2025game gacor terbaru 2025teknik mahjong wins 3 terbaik 2025trik game wild west gold0267 gates of olympus pola0266 scatter hitam mahjong maxwin0265 rtp mahjong cuan0264 maxwin starlight princess0263 scatter rtp mahjong0262 maxwin mahjong ways 30261 kemenangan gates olympus profit0260 mahjong ways game andalan0259 starlight princess freespin0258 scatter rtp mahjong wedeturnamen gates acehpragmatic profit abc1131warga mahjong solusipengusaha ukm pragmaticstarlight rtp tinggiprogram mahjong maxwinfitur joker jackpotpencinta game onlinemilenial pragmatic ekonomipetani mahjong scattergates olympus sejahterastarlight princess freespinibu wede pragmaticbantuan joker jewelsmahasiswa mahjong maxwingame mahjong maxwin 2025keuntungan memainkan game modal tekad terbaik 2025trik menghitung rtp game nolimit city paling jitu8 trik scatter game pg soft jp terbesar 1000x lipattukang bangunan jackpot gara gara pola mahjong winstrik x1000 olympus andalan para sepuhgame deposit dana gachortips memilih situs game gacor terbaik dan amantips bocoran perkalian candy bonanza7 teknik starlight princessmental juara mahjong waystrik menang mahjong langsung pensiunrumus kemenangan baru mahjongkaya dalam sekejab mahjong winsgame gates of olympus 1000 xmaspola andalan gates of olympustrik gacor terhindar dari kekalahangame pragmatic rtp tinggitips mudah menang mahjong wayscara main menang mahjong waysdeposit pulsa tanpa potongantips gacor gates of olympushalilintar x500 kakek zeusgame online kejutan terbesarnaga emas mahjong wayswede besar dengan trik gacor mahjonggulungan perkalian 1000x sweet bonanzakemenangan mahjong winstrik jarot menang mahjong waysrtp gates of olympus tertinggi0257 perkalian besar gates awsbet0256 curacao e gaming mahjong gacor0255 jackpot starlight princess awsbet0254 strategi freespin starlight awsbet0253 scatter hitam mahjong trending0252 mahjong ways 3 maxwin viral0251 strategi gates of olympus maxwin0250 strategi wede awsbet 20250249 rahasia mahjong ways rtp0248 inovasi mahjong ways 2 scatter7 tips menang yang ada di platform cheat game anti boncos6 keuntungan menggunakan pola gachor jackpot paus dalam game online9 game online dengan rtp tertinggi di aplikasi game777rtp game maxwin8 rahasia trik menang game bonanza 1000strategi ampuh untuk bermain game jackpot agar mudah meraih maxwintips memilih game mega maxwin dengan peluang bonus tinggi terbaru 2025tips mengatasi tantangan bermain game deposit britips mix parlay mudah tembus 10 partai di tahun 2025akun game anti rungkadpengalaman bermain abc1131slot rtp tertinggi abc1131tren slot 2025 abc1131inovasi slot abc1131strategi menang slot abc1131fitur terbaru slot abc1131panduan slot abc1131 tips triksolusi maxwin admin bjorkatrik mahjong pemuda cengkarengabc1131 fitur anti rungkadcuan tanpa batas princess starlightjanji maxwin abc1131 warga bandunginovasi tanpa pola trendingkemenkes merangkul situs abc1131fitur galaxy s25 ultra abc11310952 mahjong cara menang0953 mahjong hujan scatter0954 mahjong gachor0955 pragmatic kesempatan emas0956 starlight princess pencipta0957 mahjong mudah jepe0958 mahjong strategi emas0959 rtp live tertinggigame gacor joker gamingraih keuntungan bermain game gacor online dengan mudahrtp game gacor yang update hari inigame mahjong wins bonus 2025situs game anti rungkadsistem cheat game gacorgame gacor kemenangan instanmahjong ways super gacorprovider ajaib pragmatic playscatter hitam game mahjong waystrik profit gatot kacajackpot besar game online mahjongsamabaran petir x500 olympustrik cuan besar mahjong waysgame online mahjong waysmahjong ways scatter jackpotmahjong wins jackpot jutaan rupiahkakek zeus rtp tinggi gacorpola game online gacor andalan gamers 2025rtp game vipsitus game pg soft 2025game wild bandito 2025game88 gampang maxwin terbaik 2025game deposit gopay terbaik 2025ciri situs judi bola terpercaya 2025game aztec gemsgame deposit dana 2025memahami potensi pola gacor zeus dalam game online0247 kunci sukses tahun ular kayu0246 panduan profit mahjong0245 provider joker gaming0244 formula wild bandito awsbet0243 trik rahasia luar nalar0242 rumus baru scatter curacao0241 bocoran pola scatter hitam0240 rahasia cheat engine0239 panduan rtp akurat mahjong0238 strategi awsbet awal tahun0944 mahjong cinta bersemi0945 starlight princess hatiku gembira0946 olympus jp terus0947 sweet bonanza cuan ratusan juta0940 game penghasil cuan0941 game server vietnam0942 pragmatic bertabur jp0943 revoluiton ungkap diri0948 pragmatic game online0949 mahjong jam tepat0950 starlight princess cuan besar0951 mahjong gampang jpalvin pemain aktif abc1131 rtp solidberita eksklusif curacaoterkuak rahasia scatter mahjongsikap melawan virus chinadunia game online ganasinovasi gacorpoll olympus dan starlightscatter hitam pesta maxwinteknik jackpot tanpa polahujan petir olympus menyambut imlekhoki besar patrick kluivert timnas indonesia0228 fitur spin turbo maxwin0229 inovasi awsbet rtp akurat0230 awsbet engine pagcor curacao0231 teknik cerdas warga riau0232 strategi awsbet scatter hitam0233 server game resmi indonesia0234 bocoran trik admin jaka0235 awsbet konsisten berikan maxwin0236 serangan mahjong maxwin awsbet0237 strategi mudah raih kemenangan0936 bocoran selot gachor0937 mahjong kenangan indah0938 mahjong makan obat0939 olympus kejar kemenangan0932 mahjong semua member0933 mahjong menang besar0934 mahjong pemula jp0935 pragmatic rtp besarserver vietnam barustrategi tak terkalahkan asglink download aplikasi abc1131menang game dalam 10 menitmetode rahasia mahjong wins5 teknik ampuh raih jackpotstrategi mahjong keberuntungan besartutorial anti boncos pragmaticmahjong ways hadirkan bonus harianbocoran teknik joker gamingasiaklubmacauklubheylink macauklubheylink asiaklubheylink hksbetheylink kapten76
Newsleters

Newsletter January - March 2020

User Rating: 5 / 5

Star ActiveStar ActiveStar ActiveStar ActiveStar Active
 

 

 I - Financing activities

 1. Loan activities

During the quarter, SFD has granted loans to the National Microfinance Foundation (NMF) (YR 1.709 billions), Azal Islamic MF Program (YR 1.159 billions), Hadramout MF Program (YR 579 millions), and Nama’a MF Foundation (YR 574 millions). Accordingly, the total loan financing during the quarter amounted to YR 4.021 billions,

 

enabling those entities to continue financing the income generating activities of their clients, and help them and their families improve their standard of living. The total volume of active loan portfolios in the various microfinance programs and institutions at the end of the first quarter 2020 amounted to approximately YR 24.5 billions, while the number of active borrowers reached 88,778 people.

 2. Grant activities

 During the quarter, SFD has continued to provide grants to the Small and Micro Enterprises Development Agency (SMEPS), Nama MF Foundation, the National MF Foundation, and Themar Microfinance Foundation (recently established) with a total amount of approximately YR 1.2 billions. The grants were meant to enable the SMEPS to continue implementing its multiple activities in providing non-financial services, support and expansion of financial services in areas of integrated intervention, and to support the formation and training of the rural savings and finance groups (VSLAs) program. The grants were also meant at supporting the establishment of Themar MF Foundation, and the development of governance in microfinance programs and institutions.

 

II – Internal activities of the SMED Unit

 1. Annual meeting of SFDs microfinance partners

 The Social Fund for Development organized during the period 2020/2/12-11 the semi- annual meeting of its microfinance partners under the general title "Partial Funding of SFD to its Partners in the Field of Microfinance". More than 39 people representing 14 MF institutions, programs and banks in Yemen participated in the meeting. During the meeting, attends exchanged views, opinions and experiences on issues of common concern.

 

 2. Supporting War-Affected Clients (Phase 2)

 During the quarter, 229 clients (70 of them women) were compensated, amounting to YR 41,299,150. Thus, the cumulative number of beneficiaries reached 4,661 beneficiaries (%48 women), who were compensated with approximately USD 1.88 millions. The compensation aims at reducing the damages and effects of the war on owners of small and micro activities by reducing the financial burden on them. They are provided financial assistance to resume or continue their income-generating businesses affected by the war.

 

 3. Village Savings and Loans Groups (VSLAs)

Work continued in the VSLA Program, which operates in various regions of the country. During the quarter, 15 new groups have been established, including 9 female and 6 male groups, which included 298 members. This brings the total number of groups in the program to 98 with 2,226 active members (%45 of them females). The accumulated savings up to the end of the period amounted to approximately YR 56 millions. Funding for member projects also continued, with a total amount of approximately YR 14.5 millions disbursed to 92 members (males and females). In the same period, 814 members were trained in a number of technical fields, including: leadership, group organization and internal work, husbandry, entrepreneurship, and carrying out the feasibility study for small projects.

 

 4. Field audits of clients

During the quarter, a number of consultants working for the SMED Unit in field authentication of microfinance clients were trained and qualified in Aden Governorate. The aim was to add them to the pool of those with experience in field validation. Fifteen participants (males and females) participated in the training course, which was held in February. The SMED audit team also carried out a financial and administrative audit of the operations of the Loan Guarantee Program to verify the integrity of its internal control procedures, and give reasonable assurance of its financial operations during 2019.

 

 5. Governance development for programs and institutions

 During the first quarter, the unit's activity continued to improve the governance of its MF programs and institutions. Several meetings were held with the Boards of Directors in those institutions and programs, during which the consultant's reports and recommendations were discussed, and it was agreed to address their weaknesses in governance. Those organizations included the Nama Foundation, the Ittihad Program, the National MF Foundation, and Hadramout MF Program.

 

 6. The Yemen Loan Guarantee Program (YLG)

 The number of guarantees issued to SME owners during the quarter reached 269 guarantees equivalent to a value of 420.2 million riyals. As such, the value of existing guarantees has exceeded one billion YR. Since its establishment, the program has issued cumulatively 1,262 guarantees, amounting to about YR 1.6 billions.

 

 7. Information technology and automated software systems

During the quarter, the information technology team in the SMED Unit has carried out several activities that contributed to the advancement of the microfinance sector. These activities included making the necessary updates to the unit's website by, for instance, updating data and displaying news, publications, reports and indicators on microfinance. Customer data in the credit query was also updated routinely. The fingerprint-desktop application was tested and installed in all MFIs. The function of the system is to register customers and verify their identity in order to facilitate registration and verification, and avoid any possible errors when financing them. SFD also trained the finance specialists working in NMF, Ittihad MF, and Hadramout MF on the two mobile applications designed to study agricultural and commercial financing. The purpose of the two applications is to accurately assess the client's activity in the field and the economic viability of the loan, in order to avoid errors, improve work speed, and raise productivity.

 

III - The Yemen Microfinance Network (YMN)

During the first quarter of 2020, the network has established a number of activities that contribute to the development of the technical and knowledge capacity of the microfinance sector in Yemen, including the following:

 1. Training courses

YMN implemented a Training of Trainers (ToT) course in mid-January, targeting executives, directors, and training officers in microfinance institutions and programs. The course touched several issues, including modern methodologies in training and adult education, as well as an analysis of training needs, impact assessment and basic trainer skills. Also, a training course in Islamic Finance was implemented in mid-February, targeting all administrative levels of MFIs. The course covered the obstacles and risks related to Islamic finance, its various forms and how they are designed, the role of Islamic finance in microfinance, as well as a review of the suspicions revolving around it.

At the end of February 2020, a training course in Credit Feasibility was implemented, targeting operations officers, loan officers, and branch managers of MFIs. The course touched on several areas, the most important of which was to get acquainted with the tool for evaluating projects and small activities according to the model of the German consulting company "LFS". Work included developing the operational mechanisms of microcredit, how to evaluate the activity and analyze it financially, in addition to the practical application of the evaluation tool.

 The network also involved Nama’a Microfinance Foundation at the end of February in the implementation of two training courses. The first was on Fundamentals of Microfinance, and the second (on the job) on Enhancing Integrity and Combating Corruption in MFIs, which was dedicated to members of the Board of Directors and the senior leadership of the institution, as well as the Foundation's partners in the middle of February.

 

2. Plan additional remote courses

In light of the spread of the Corona virus, the network prepared an emergency plan to provide 9 remote training courses that would cover various fields of microfinance, and bridge the training gap resulting from the spread of the virus. The courses will be offered during 2020 within the network’s emergency plan, in addition to the original training plan that included 21 courses, for a total of 30 training sessions.

 

 3. Activation of the risk committee

YMN has reactivated the risk management committee that it had established at the outbreak of the War in 2015. The committee’s tasks are to propose plans to deal with the Corona virus outbreak crisis, and provide urgent consultations for existing MFIs according to best practices and on the basis of experiences in other countries that have experienced the pandemic.

 

 4. Financial Analysis According to the SEEP Framework

In mid-March, YMN held a training course in Financial Analysis using the SEEP Framework with the participation of operations officers, loan officers and branch managers of a number of MFIs. The course covered all the standard financial statements, how to reconstruct and amend them according to the SEEP Framework, and how to extract all analytical ratios.

 

 

 

Small and Micro Enterprise Development Unit

Republic of Yemen

Social Fund for Development

Sixty street,Faj attan, Sana'a,Yemen

Tel :967-1-449669

Fax : 967-1-499670

 

Stay Tuned
Get our Latest News

Search