Al Amal Microfinance Bank

Al Amal Microfinance Bank

General
Contacts 0
Tenders 0
Grants 0
Jobs 1
Contractors 0
Pricing strategy 0
Last update: 7 days ago Last update: Feb 24, 2025
General
Contacts
Tenders
Grants
Jobs
Contractors
Pricing strategy
Awards

Details

Office:Yemen
Address:Baghdad St, Sana'a, Yemen
Contact person:
Phone(s):
Awards in:Yemen
Yemen
Sectors:Banking, Gender, Grants & Grant Schemes, ...
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Banking, Gender, Grants & Grant Schemes, Micro-finance, Rural Development, SME & Private Sector, Training, Youth
Nr. of employees:201-500
Types:Financial Institution
Financial Institution
Status:
Active

Attachments 4

Description

Al-Amal Microfinance Bank (AMB) is a non-dividend Yemeni MFI that provides inclusive financial services and non-financial to the vulnerable, particularly SMEs. Established by Yemeni Law No. 23 of 2002, AMB's creation was the culmination of the joint efforts of SFD, AGFUND, and the private sector. Our primary goal is to actively contribute to the development and promotion of sustainable enterprises by offering a comprehensive range of financial and non-financial services that cater to the needs of the community. We place particular emphasis on supporting youth, women entrepreneurship, vulnerable groups, and low-income households.

 

AMB offers a diverse package of financial services, including loans, savings, Micro-LGs, E-Money, ...etc. What sets us apart from other banks in Yemen is our commitment to providing business development services (BDS) alongside our financial offerings. To fulfill this commitment, we have established the REYADAH Foundation, a training institution focused on delivering training and consultation services for youth, SMEs, and entrepreneurs. It's worth mentioning that a considerable portion of AMB's banking service returns are intentionally allocated to support SME owners through our financing portfolio.

Country eligibility

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Circumstantial eligible countries

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Tender Management Modes

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Grant Management Modes

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