UMP – Abyan

Union Microfinance Program - Abyan

Union Microfinance Program - Abyan

Union Microfinance Program - Abyan

The Union Microfinance Program ,  one of the most active programs in Abyan is one of the Yemen Microfinance Network (YMN) founders. It was established in the fourth quarter of 2003 by the name of Self-Assistance Program for Savings and Lending Services – A’byan, under the platform of Yemen’s Women Union.   As a non-governmental and non-profit program, the Program provides savings to its clients as its  main product and targets poor women with experience in areas such as   handicraft and other economic activities.

Situated in Abyan, the Program  started by providing  its services nearby areas; beginning with  the city of Zanzibar area, it then moved on to Ji’ar and Al Koud areas . It was very much welcomed by  the families and natives of  those areas. At the beginning of 2013, the Program was named as  “The Union Microfinance Program” and started to expand further by which it currently covers to currently  six branches in the Abyan, Hadramout and Aden governorates, including areas like Zanzibar, Khenfar, Ahwar, Al Mukalla, Al Shihr, and Aden . By the end of March 2016, the number of active clients accounted for 3385.

Vision

Vision

Empowering poor families to improve themselves.
Mission

Mission

The Program seeks to contribute to the improvement of the social status and living standards of poor families and those of low income in Yemen’s urban and rural areas.
Strategic Goals

Strategic Goals

- To develop and improve various financial and non-financial services products to fulfill the needs of the targeted households in Yemen’s urban and rural areas;

- To expand disseminate our financial and non-financial services provided to targeted families by which 18,000 client families are outreached by the end of 2018;

- To provide sustainable financial services of high quality through implementing effective systems and employing qualified administrative staff;

- To search for various funding sources.

Values

Values

- Cooperation (teamwork).
- Transparency (Sincerity /Frankness).
- Loyalty and Belongingness.
- Fairness and Honesty.
- Work Quality (Proficiency).