Seizing Market Opportunities
Khaled Mamari, A borrower and entrepreneur in Sana'a,has started his business by supplying marble to the market. He got finance for a marble mill. Then, after extending his activity, he demanded a car finance. Through financing, his life and business were obviously bettered.
Improve financial inclusion for target segments leading to better standards of living in Yemen
Facilitate financial access for target segments through the provision of guarantee products and services to those with insufficient collateral.
Established in 2017, the Yemen Loan Guarantee Program (YLG) is a not-for-profit guarantee provider, aiming to increase the facilitation of credit to enterprise owners for growth and expansion. The YLG provides guarantee products and services to Micro, small and medium enterprise borrowers on loans made by a lender (banks and microfinance institutions MFIs). The expectation is that the banking community will be able to serve a larger number of Micro, small and medium enterprises, which will create jobs and expand the local economy.
Boost Local Economy
Through the development and implementation of tailored guarantee products and services, YLG has been able to serve client from various market segments.
Business Owners & Entrepreneurs
We have facilitated MSME access to finance to those with insufficient collateral through design and provision of guarantee products and services.
Women Entrepreneurs & Empowerment
YLG is committed to women social and economic empowerment and the potential role women entrepreneurs play in job creation and poverty eradication.
YLG is committed to youth empowerment and their role in economic development. to support youth empowerment and entrepreneurship in accordance with the Yemeni national strategy.
Facilitate access to finance for agriculture enterprises with insufficient collateral through design and provision of guarantee products and services; raise awareness of financial services available.
MANUFACTURING & INDUSTRY
Facilitate manufacturing and industrial enterprises with insufficient collateral access to finance through design and provision of guarantee products and services; raise awareness of financial services available and support entrepreneurs’ empowerment and development.
TECHNOLOGY & INNOVATION
Facilitate enterprises based on technology and innovation with insufficient collateral access to finance through design and provision of guarantee products and services; raise awareness of financial services available and support entrepreneurs’ empowerment and development.
FUTURE AREAS OF INTEREST
YLG will develop strategies to meet market opportunities as needed. Attention will be given to ensure new activates correspond with YLG mission, vision and strategic goals.
Where We Are
This map shows the YLG geographical outreach until July 2019. In as little as just 2 years, YLG has managed to increase its presence and strengthen its impact in numerous communities. This is thanks to our committed and closely knitted team, who could not have achieved this without our strong cooperation with our partners, including banks and microfinance institutions.