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  Nama Microfinance Foundation
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Nama Microfinance Foundation

 About Nama MF:

 Nama started as a microfinance program and was established as a smaller institution in 2016 in microfinance on May 25, 2000 following the signing of a joint cooperation agreement between the United Nations Development Program (UNDP) and the Social Reform Society in the microstar program in Yemen. (30) commercial and industrial activities in the amount of (700.000) Yemeni Riyals ($ 3,500). In July 2003 Taiz governorate was opened. Four branches and two centers and a center were opened in Aden governorate in 2009. In 2010, the Hodeidah branch was opened and in 2011 a branch was opened

 

 Vision:

  Lead the way in financing small, medium and small enterprises in Yemen.

 

 The message:

  Contributing to advancing development (reducing unemployment and reducing poverty) by offering a series of microfinance-small, affordable, low-income microfinance and small-scale entrepreneurs.

 

 Atrategic goals:

 1.      Switch to a microfinance bank and reach the target audience in the Republic of Yemen

 2.      Financing (100,000) economic activity ($ 24,604,368), representing 60% of the target group.

 3.      Strengthen the Bank's capacity through training based on needs and technical assistance, exchange of experiences among peers and raise the institutional efficiency in line with the next stage

 4.      Development empowerment by 21% of the beneficiaries of our services (marketing for their products - training - followed through social impact - their participation in the Forum of Social Development - benefit from the Endowment Fund ... ..)

 5.      Adoption of innovation and innovation in the provision of services through research and shed light on trends in the field of technological developments and the diversification and development of financial products and services.

6.      Co-operation with the public and private sectors to serve the financing of the targeted parties.

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

 

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