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Projects Yemen Poverty Reduction Pilot Project
Poverty Reduction Pilot Project

Small business loans give a way forward for entrepreneurs

Friday, 16 December 2011 11:37
Written by  Op Mercy Yemen
Small business loans helping promising entrepreneurs reach their goals  Small business loans helping promising entrepreneurs reach their goals

The Poverty Reduction Pilot Project in Yemen aims to address the economic crisis and high unemployment rates by income-generation whereby small-business loans are provided in partnership with a local NGO. Promising individual entrepreneurs will be assisted in improving or starting up such businesses by matching their own dollar-for-dollar investment in…

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Revolving Goat Loans

Five female goats on loan
Imagine 35 of the poorest families in a rural community on the edge of Taiz, Yemen being given the opportunity to loan 5 female goats. The reason the goats are called loans is because the recipient family must give back to the organization exactly what it received. The loan price…
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Poverty Reduction Pilot Project

Poverty Reduction Pilot Project

Yemen is the poorest country in the Arab world with unemployment hovering at 35 percent. The Poverty Reduction Pilot Project aims to address the economic crisis in a village community outside Taiz, Yemen by focusing on income generation through two avenues; revolving goat loans and small business loans, both complimented with financial training and follow up visitations.

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Operation Mercy is an international relief and development organization headquartered in Sweden. We are a community of professionals who serve the poor and marginalized of Central Asia, Middle East and North Africa through an array of community development and humanitarian aid projects.

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