About YMN
The Yemen Microfinance Network is a non-profit NGO established under the United Nations Development Assistance Framework (UNDAF) through a joint initiative by United Nations Development Program (UNDP) and the Social Fund for Development (SFD) in August 2010 as Yemen’s national microfinance association. YMN is registered under the Ministry of Social Affairs & Labor as a member-based association and includes over 95% of microfinance institutions operating in Yemen within its membership. This includes microfinance banks, foundations, companies, programs, BDS providers and other stakeholders in the sector.
YMN serves its members and the industry through the provision of technical assistance & projects implementation, training & capacity building of its member MFIs, facilitation of sector transparency & information exchange, research & development, advocacy & promotion of the microfinance sector. All of which make YMN a platform for all key stakeholders, and an umbrella for MFIs to operate, grow, increase scale, quality and outreach to serve the low-income households, micro entrepreneurs and small business owners including women and youth.
Vision
An inclusive microfinance sector where MSMEs have access to a wide range of financial and non-financial services that contribute to their economic and social welfare.
Vision
An inclusive microfinance sector where MSMEs have access to a wide range of financial and non-financial services that contribute to their economic and social welfare.
Mission
To develop strategic partnerships that enable us to effectively support our members’ through capacity building and advocacy services, so that they can provide sustainable and innovative financial and non-financial solutions that respond to their clients’ changing circumstances and advance financial inclusion in Yemen.
Mission
To develop strategic partnerships that enable us to effectively support our members’ through capacity building and advocacy services, so that they can provide sustainable and innovative financial and non-financial solutions that respond to their clients’ changing circumstances and advance financial inclusion in Yemen.
Our Principles & Values
YMN’s membership is guided by members’ commitment to best practices, transparency, accountability, equity, responsibility towards their clients, and commitment to poverty reduction and financial client protection.
Our Strategic Goals
- Goal #1: To strengthen our institutional and organizational capacity for more efficient and improved performance.
- Goal #2: To become a key source for high quality information and research on microfinance trends and developments in Yemen.
- Goal 3#: To provide a range of relevant and demand-driven technical support services to our members, including training and capacity building, information sharing and peer exchange, and advocacy.
- Goal #4: To work towards a strong and sustainable financial position through financial planning and management.
Our Principles & Values
YMN’s membership is guided by members’ commitment to best practices, transparency, accountability, equity, responsibility towards their clients, and commitment to poverty reduction and financial client protection.
Our Strategic Goals
- Goal #1: To strengthen our institutional and organizational capacity for more efficient and improved performance.
- Goal #2: To become a key source for high quality information and research on microfinance trends and developments in Yemen.
- Goal 3#: To provide a range of relevant and demand-driven technical support services to our members, including training and capacity building, information sharing and peer exchange, and advocacy.
- Goal #4: To work towards a strong and sustainable financial position through financial planning and management.
