Yemen

Silatech In Yemen


Yemen flag

Main Project Partners:

Al Kurami Islamic Microfinance Bank, GIZ, Yemen Microfinance Network, Sanabel, Al Amal Microfinance Bank (AMB), Small Enterprise Development Fund, Social Fund for Development, Youth Leadership Development Foundation, Small Micro Enterprise Promotion Service (SMEPS), US Agency for International Development Community, Livelihoods Project (USAID CLP), Ministry of TEVT Yemen, Sana'a Community College, Qatari Diar, Consolidated Contractors Company-Yemen, Shibam Holdings, Kiva

Contact: Gabool Al-Mutawakel, galmutawakel@silatech.com



Project Name: Yemen Youth Savings Initiative

Inception date: May 2012

Current status: Active

Expected outcomes: 20,000 youth influenced through social marketing, at least 20,000 youth provided with financial literacy, at least 20,000 provided with savings accounts over 2 years

Partner(s): Al Amal Microfinance Bank, Al Kuraimi Islamic Microfinance Bank, GIZ, Yemen Microfinance Network, Sanabel

Countries covered: Yemen

Description: Loan capital, provision of dedicated youth loan product to youth run enterprises in Yemen. Technical assistance – capacity building to better provide youth financial services.



Project Name: Youth Loan Fund

Inception date: October 2009

Current status: Active

Expected outcomes: 50,000 youth provided with youth financial services

Partner(s): Al Amal Microfinance Bank (AMB)

Countries covered: Yemen

Description: Provision of technical and financial assistance to support AMB provide youth financial services, including the launched of dedicated youth loans and savings products.



Project Name: Youth Startup Loan Product (Mashrou3i)

Inception date: November 2013

Current status: Pilot Phase (6 months)

Expected outcomes: 250 youth start-ups supported financially during the pilot phase

Partner(s): Al Amal Microfinance Bank

Countries covered: Yemen

Description: New dedicated loan product backed by a partial guarantee mechanism to stimulate lending to the higher risk youth startup cohort



Project Name: Youth Small Enterprise Loan Fund

Inception date: January 2010

Current status: Active

Expected outcomes: 1,500 youth-run small business provided with financial services

Partner(s): Small Enterprise Development Fund, Social Fund for Development

Countries covered: Yemen

Description: Provision of technical and financial assistance to support SEDF in providing youth financial services, including the launched of a dedicated youth small enterprise loan product



Project Name: Yemen Construction Skills

Inception date: September 2009

Current status: Pilot complete, scale up on hold since April 2011

Expected outcomes: Create a model for delivering training, qualifications and long-term employability to young Yemenis in the construction sector in a sustainable and effective manner meeting international standards

Partner(s): Ministry of TEVT Yemen, Sana'a Community College, Qatari Diar, Consolidated Contractors Company-Yemen, Shibam Holdings

Countries covered: Yemen

Description: The program established a SilaQual accredited construction skills training center at Sana'a Community College, with 13 qualified public sector trainers who trained 1500 Yemeni youth over the program duration. The training center became self-sustaining within 6 months, and employers and trainees paid for training and qualifications offered to international standards. The program has been hailed as one of the few sustainable and scalable models for workforce development, successfully bridging the gap between public and private sector, and has led to the creation of an ethical manpower company to provide quality jobs to qualified workers.



Project Name: Kiva Arab Youth

Inception date: March 2012

Current status: Active

Expected outcomes: Approximately 1,700 youth enterprises supported, $2 million of funding mobilized over 12 months.

Partner(s): Kiva, 9 microfinance institutions in MENA

Countries covered: Yemen, Lebanon, Palestine, Jordan, Iraq

Description: Peer-to-peer lending channel on Kiva.org to support young Arab entrepreneurs