Economic Opportunities and Food Market Resilience. (a) Increase access to finance for medium, small and micro-enterprises (“MSMEs”) by: (i) providing a grant to the Yemen Loan Guarantee Program (“YLG”) (“YLG Subgrant”) to increase its capital to enable selected micro-finance institutions (“Selected MFIs”) to access credit;
Economic Opportunities and Food Market Resilience. (a) Increase access to finance for medium, small and micro-enterprises (“MSMEs”) by providing: (i) a grant to the Yemen Loan Guarantee Program (“YLG”) (“YLG Subgrant”) to increase its capital to enable selected micro-finance institutions (“Selected MFIs”) to access credit; (ii) enabling YLG to build capacity of MFIs for accessing the partial portfolio guarantee scheme; (iii) establishing and providing capacity building for Village Saving and Loan Associations; (iv) providing grants to Selected MFIs to improve their IT infrastructure (“MFI IT Subgrants”); and (iv) Operating Costs of YLG and SMED in support of activities under Part 2.4(a) of the Project.
