FUTURE FARMERS PROGRAM - SMALLHOLDERS FOUNDATION
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A pioneer in Islamic microfinance, Al-Amal Microfinance Bank (Al-Amal) was established in
October 2008 as the first microfinance bank in Yemen. Dedicated to providing poor micro-
entrepreneurs with access to financial services, Al-Amal targets youth and women with
microcredit, savings, and insurance, among other services. To date, Al-Amal has developed two
youth-friendly products, Youth Fund (credit) and Child Savers (savings). Through slight
adaptations to its product offerings, including collateral requirements and minimum balances,
Al-Amal has quickly grown its reach to thousands of Yemeni youth. By the end of 2010, Al-Amal
had disbursed 6,317 loans to young entrepreneurs between...
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FUTURE FARMERS PROGRAM - SMALLHOLDERS FOUNDATION
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FUTURE FARMERS PROGRAM - SMALLHOLDERS FOUNDATION
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