Challenges and Difficulties of Microfinance Industry in Yemen
Keywords:
Microfinance, Microfinance Institutions (MFIs), Challenges, Difficulties, YemenAbstract
This study aims to identify the challenges and difficulties faced of the Microfinance (MF) industry in Yemen, which is mainly based on the secondary data collected from the records of the Social Fund for Development, Yemen Microfinance Network, Al-Amal Microfinance Bank MFIs websites and other related sources. Our study covered the period from 2011 to 2018. The result of the study reported that there are several factors facing MFIs in Yemen such as Under Developed Infrastructure, lack of services, Clients Incapacity, Improper management, Through innovation and experimentation, Yemen can develop its own sustainable microfinance model that takes into account the difficult local characteristics of Yemen.
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