Al Amal Microfinance Bank joined Sanabel as an affiliate member.
Al-Amal Microfinance Bank was established by the Law (23) for the year 2002, as the first Microfinance Bank in Yemen. The bank was an outcome of the efforts of the Yemeni Government represented by the Social Fund for Development (SFD), the Arab Gulf Program for United Nations Development Organizations (AGFUND), and the contribution of the Private Sector.
Al-Amal Bank tends to providing poor clients engaged in productive activities (micro-entrepreneurs) with small and micro-loans to help them to grow their businesses.