Washington D.C, March 7, 2025 – Yemen Microfinance Network (YMN), Yemen's microfinance institutions association, an NGO co-funded by UNDP and SFD has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.
"SME Finance Forum is delighted to welcome Yemen's microfinance institutions association. It is with great pleasure I welcome Yemen Microfinance Network to SME Finance Forum. Yemen Microfinance Network's efforts in strengthening microfinance institutions through capacity building, research and development, and advocacy will significantly enhance our collective mission to empower SMEs globally," said Qamar Saleem, Head of SME Finance Forum.
Yemen Microfinance Network (YMN) is an NGO co-funded by UNDP and SFD, serving as Yemen's microfinance institutions association. YMN includes over 80% of microfinance institutions in Yemen, comprising banks, foundations, and programs. It serves its 26 members through capacity building, research and development, and advocacy.
“We are thrilled to announce that Yemen Microfinance Network has proudly joined the SME Finance Forum. This step connects us with a global network of changemakers, innovative solutions, collaborative opportunities, and invaluable resources. Together, we are empowering YMN and its 22 dedicated members to better support SMEs in Yemen. together, the possibilities truly have no limits.",
said Mr. Hani Alfaqih, Deputy Chief Executive Officer at Yemen Microfinance Network.
SME Finance Forum: Innovation & Partnership for MSMEs Growth
The SME Finance Forum, backed by G20 and IFC/World Bank, is the leading global network of 300+ members/affiliates operating in 190 countries. Network comprises of SME focused institutions providing and enabling finance and services- banks, non-banks financial institutions, fintech, payment platforms, development institutions, credit guarantee companies, insurers, investment funds, supply chain linked players, banking and SME associations, policy advocates, regulators, academia, consulting houses, knowledge aggregators.
Our member, affiliates, and associated stakeholders benefit from learning/replicating best practices from across the world, innovating new products for business growth, acquiring risk mitigation tools, establishing partnerships, attracting investors, and being recognized amongst a peer group of global innovators. Our products consist of “members only” solutions (like innovation hubs, solutions clinics, peer group networks, study tours, specialized tools and trainings, member portal repository, partnered initiatives) as well as public good services (200+ publications library, 500+ videos, webinars, newsletters, trainings, annual awards, annual event etc.)
Discover the SME Finance Forum members/affiliates:
About Yemen Microfinance Network (YMN)
Yemen Microfinance Network (YMN) is an NGO co-funded by UNDP and SFD, serving as Yemen's microfinance institutions association. YMN includes over 80% of microfinance institutions in Yemen, comprising banks, foundations, and programs. It serves its 26 members through capacity building, research and development, and advocacy.
Learn more:
Website: https://yemennetwork.org/
Facebook: YMNnetwork
Instagram: @ymnnetwork
X (formerly Twitter): @YMNnetwork
LinkedIn: YMNnetwork
