• Home
  • Projects
  • About us
  • Staff Corner
  • Get Involved
  • Resources
Projects Yemen Poverty Reduction Pilot Project Small business loans give a way forward for entrepreneurs

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 their business and have a set repayment period of 12 months. Loan follow-up officers, administered by way of the local NGO, will follow-up with periodic personal visits and document the progress and repayment process for each loan recipient. Financial management training will be offered and required for each project participant. The project will provide financial management education and implement techniques for more efficient use of financial resources on the part of community members.

  • Project: Poverty Reduction Pilot Project
Last modified on Thursday, 22 December 2011 16:05
Tagged under
  • Education
  • Microenterprise
  • Yemen
Spread the word:
  • Add to Google Buzz
  • Add to Facebook
  • Add to Delicious
  • Digg this
  • Add to Reddit
  • Add to StumbleUpon
  • Add to MySpace
  • Add to Technorati
More in this category: « Revolving Goat Loans

Related items (by tag)

  • The power of Self Help groups
  • Rami's family declare project success
  • Reducing smoke pollution inside Wakhan homes
  • How to help the poor in Mauritania?
  • Talibe boys shown love in action

We have projects in:

  • Afghanistan
  • Azerbaijan
  • Iran
  • Jordan
  • Kazakhstan
  • Kyrgyzstan
  • Mauritania
  • Sudan
  • Tajikistan
  • Yemen

Get involved!

  • Give online
  • Invite a Speaker
  • Volunteer
  • Join our Mailing List
  • Contact us

Projects in Middle East and North Africa

  • Sudan
    • Street Boys Program
    • Omdurman (N. Sudan)
    • Geraf (N. Sudan)
    • Renk (S. Sudan)
    • Street Children's Centre (W. Sudan)
    • Halfway House
    • Graduated Boys Project
  • Yemen
    • Water For All
    • Poverty Reduction Pilot Project
  • Jordan
    • Orthopaedic Equipment
    • Family Center Sahab
    • Cross-Stitch Income Generating
    • English Courses
    • Children’s Creative Services
    • Sports Project
    • Rural Women’s Development
    • Kindergarten Teacher Training
  • Mauritania
    • Talibe boys project
    • Community Development Centres
To Top

Operation Mercy

OperationMercy_logo_dove Hjälmarberget
S - 702 36 Örebro
Sweden

+46 (0)19 22 41 61
info@mercy.se

Who we are

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.

Subscribe to our newsletter

  1. Please enter your name
  2. Please let us know your email address.
  • Sitemap
  • Contact Us
  • Photo Credits

Copyright by Operation Mercy