For many years, the Fund has established itself in the financing market as one of the leading entities supporting Yemeni youth, reducing unemployment, and driving the local economy. The Fund works to provide financial solutions and technical assistance to small and medium-sized enterprise owners to help them grow and enhance their capabilities and the competitiveness of their projects.
Products:
The Small Industries and Enterprises Financing Fund offers many financing programs, the most important of which are:
(1) “Irada” Financing Product:
This is a financing product with a maximum limit of 2 million Yemeni riyals and is granted to existing medium-sized business owners whose projects enjoy strong cash flows.
(2) The “Fikra” financing product:
This product has a financing ceiling of up to one million Yemeni riyals, and is granted to those wishing to start their own investments and to owners of innovative and creative projects.
(3) The “Watani” financing product:
This product has a maximum financing ceiling of 500,000 Yemeni riyals, targeting Yemeni families and their products and strengthening their presence in the markets.
(4) The “Seed” financial product:
The Fund offers this product to encourage investment in various agricultural activities. The financing ceiling here is up to 500,000 Yemeni riyals.