Yemen Loan Guarantee Program

Yemen Loan Guarantee Program

YLG

YLG

The Social Fund for Development (SFD) established the Yemen Loan Guarantee Program (YLGP) in July 2017 to increase the facilitation of credit to enterprise owners for growth and expansion.
The LGP provides partial guarantees on loans made by lenders (banks and microfinance institutions MFIs) to micro and small enterprise borrowers located in Yemen.
The expectation is that with the help of the LGP, the banking community will be able to serve a larger number of micro and small enterprises, which will create jobs and expand the local economy.
LGP aims on improving financial inclusion for SMEs leading to better standards of living in Yemen. This is so through the provision of partial loan guarantees to those with insufficient collateral.
Facilitate financial access for SMEs through the provision of partial loan guarantees to those with insufficient collateral.
Vision

Vision

Improved financial inclusion for target segments leading to better standards of living in Yemen.
Mission

Mission

Facilitate financial access for target segments through the provision of guarantees products and services to those with insufficient collateral.
Strategic Goals

Strategic Goals

• Improve the target segments’ economic status.
• Support the expansion and growth of the small and microfinance sector.
• Pioneer a guarantee experience for MSMEs based on international best practices and innovative principles.
• Establish a more trust-based credit culture in the small and microfinance sector.