Yemen’s Al-Qutaibi Islamic Bank for Microfinance recently launched its Vendor Finance Department to support farms and other small and medium-sized enterprises (SMEs) in acquiring technology to produce renewable energy as well as “climate-smart” farming tools such as “solar-fed irrigation systems, greenhouses, and tunnel farming tools.” The bank did this with support from the
Tag: Yemen
MICROCAPITAL BRIEF: Eamar Microfinance Launches Digital Services in Yemen
Eamar Microfinance of Yemen recently began piloting digital microfinance services in the country. While it is not clear which of these is now available digitally, the microfinance institution offers:
MICROCAPITAL BRIEF: YCash Partnering with Red Cross on Digital Payments, Offering Door-to-door Service Due to COVID-19 Pandemic, Conflict in Yemen
YCash, a company in Yemen also known as the National Cash Transfer Company, recently partnered with the International Committee of the Red Cross (ICRC), a humanitarian organization based in Switzerland, to provide cash transfers to ICRC clients “through