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  2. Undp Provides Microcredit To Poor Women In Yemen
UN in Action

Undp Provides Microcredit To Poor Women In Yemen

Undp Provides Microcredit To Poor Women In Yemen

16 March 1998

In Yemen, a new programme of microcredit loans is establishing the poor to raise their standard of living. With money borrowed from the UN Capital Development Fund, small entrepreneurs with skills and a dream can earn a steady income. Zakia Al-Misrawi, a poor Yemeni widow rearing sheep and goats, is now paying off her loan and buying previously unaffordable goods. Zakia's success demonstrates that poor women, given the chance, can break the cycle of poverty.

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29340
Categories
News & Features / Features / UN in Action
Corporate Name
UNITED NATIONS CAPITAL DEVELOPMENT FUND - UNCDF
Subject Topical
ECONOMIC DEVELOPMENT
SOCIAL DEVELOPMENT
POVERTY
SMALL ENTERPRISES
MICROCREDIT
Geographic Subject
MIDDLE EAST
YEMEN
MAMS Id
UNA0557
Parent Id
UNA0557

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Description

In Yemen, a new programme of microcredit loans is establishing the poor to raise their standard of living. With money borrowed from the UN Capital Development Fund, small entrepreneurs with skills and a dream can earn a steady income. Zakia Al-Misrawi, a poor Yemeni widow rearing sheep and goats, is now paying off her loan and buying previously unaffordable goods. Zakia's success demonstrates that poor women, given the chance, can break the cycle of poverty.

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