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Microfinance Law In Yemen

Yemen, one of the first in the region has its own Microfinance Bank Law, No. 15. It defines a microfinance banks as any financial institution authorized andregulated by the Central Bank to run Microfinance activities with the purpose of offering banking services to families, small farmers and small and microenterprises in both urban and rural Yemen, aiding in creating equal opportunities and improving living standards of members of society. All inclusively contributing to reducing unemployment and poverty in the country.

To read Yemen Microfinance Law,please see the PDF file below:

Microfinance Law In Yemen


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