KNOW A MICROFINANCE FUND: Social Fund for Development (SFD) of Yemen

Overview:
Social Fund for Development (SFD) of Yemen provides financial products and assistance to socially-oriented organizations in Yemen.

Description:
The Social Fund for Development (SFD) of Yemen aims to contribute to implementing the government’s economic and social plans by increasing access to employment, production, and social services. SFD has four main programs: community development, capacity building, a “Labor Intensive Program” and small and microenterprise development.

Microfinance Information Exchange (MIX) Profile:
http://mixmarket.org/funders/sfd-yemen

Organization’s Website:
http://www.sfd-yemen.org/

Just the Facts:
Country of Incorporation: Yemen
Year Founded: 1997
Legal Status: Established by Law no. 10 of 1997
Fund Assets allocated to MFI investment (as of day/month/year): USD 12.8 million (as of 31/December/2008)
Number of MFI Investments (as of day/month/year): 12 (as of 31/December/2008)
Area of Operation: Yemen
Instruments: Loans and Debt Securities, Grants, Technical Assistance
Investment Horizon: 5 years
Fund Currency: USD

Contact Information:
Social Fund for Development
Fij Attan, P.O. Box 15485
Sana’a, Republic of Yemen

Tel.: +967 1 449669
Fax: +967 1 449670
Email: sfd@sfd-yemen.org

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Additional Resources:
UN and Social Development Fund to Establish Microfinance Network in Yemen (July 2008)
https://www.microcapital.org/press-release-un-and-social-development-fund…

Yemen’s Social Fund for Development (SFD) to Serve 100,000 Entrepreneurs Through Microfinance Programs (April 2009)
https://www.microcapital.org/microcapital-story-yemen%e2%80%99s-social-fu…

Social Fund For Development and UNDP Meet To Establish Microfinance Network In Yemen (September 2009)
https://www.microcapital.org/microcapitalorg-story-social-fund-for-development-and-undp-meet-to-establish-microfinance-network-in-yemen/

Link to Microcapital Universe wiki page
https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Social+Fund+for+Development+%28SFD%29+-+Yemen

Authored by Kenny Kline, Research Associate

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