In line with supporting promising small and medium-sized industrial enterprises, SMEs Scale-Up Initiative was launched to provide financial facilities to increase production capacity and deliver the growth and expansion that resonates with our investor's aspirations.
A governmental organisation aimed at fostering the entrepreneurial spirit in the city of Dubai by creating a business enabling environment to facilitate the development of new businesses and stimulate entrepreneurial activities among SMEs. This support is done primarily through promoting entrepreneurship and providing a wide package of services that include consultation and guidance, licensing exemptions, financing, business relations development and incubation services.
A bank that contributes effectively to economic and social development and in raising the per capita income, by providing a variety of banking services in line with Islamic Sharia principals and make it accessible for everyone in Yemen. It aims to develop and deliver diverse financial services including financing of productive micro, small and medium enterprises whilst always applying the principles of Islamic banking.
SFD is responsible for implementing the Small and Microenterprise Development Program by ensuring that financial and non-financial services are provided to micro and small enterprises.
Financing small and micro enterprises to raise the standard of living of borrowing families and solve the problem of unemployment.
The establishment of small Enterprises fund was a response to the urgent need for a specialist system in developing and financing small enterprises in Yemen and the calls made by donors.
The Bank finances various production activities.
Offers loans to small projects.
A device that offers a variety of affordable financing packages to its clients to help them set up new small projects or expand on other existing projects and develop their activities. Customers can benefit from these financing packages either by borrowing directly from the device or by applying to banks and intermediaries that deal with it, in exchange for many facilities and advantages and flexible payment methods that suit each project.
It provides loan guaranty facility to support lending to the enterprise sector with a strong focus on SMEs sector. The facility can also be extended to guarantee bank loans to micro-finance institutions. It offers programs that provide technical assistance and training programs on a demand-driven basis to officers and managers from partner banks.