One of the dreams which I embraced in my heart when I took over the post of executive manager of the Foundation was to make Aden Micro financing Foundation the best micro financing Foundation in Yemen, and to bring its services to every governorate , district and village in our beloved homeland.
Despite the exceptional circumstances in which I assumed the post of executive manager, under stormy economic and political crisis in 2011, and at that time the Foundation faced terrorist threatening, we the employees and the clients were able to stand in one line combining our efforts and made the most brilliant stories of success of allegiance to our beloved Foundation. Our efforts were crowned with winning the prize of best micro financing practice in two successive years 2011 - 2012.
Our Foundation assists women and young owners of small and micro projects in Aden and Lahej Governorates through 4 branches , and we are planning to extend to other governorates (currently in Dhala and Bureiqa) to provide our services to a larger number of clients in all governorates of the Republic of Yemen with the object of combating poverty in our country.
We say goodbye to 2012 and we feel proud of our achievements throughout the past 6 years . The number of active clients went up from 701 at the end of 2007 to 6,666 at the end of2012. The value of the active bag increased from 13,836,203 million Rials at the end of 2007 to 298,624,019 million Rials at the end of 2012. The Foundation also achieved operational sustenance by 181% and financial sustenance by 144% at the end of 2012.
Finally, I invite you to read this report which tells the story of success of our dear Foundation and describes the stages of its growth and steps of its success due to the combined efforts of all faithful employees and clients without exception, and I mention specifically the field employees who provided us with power, courage, and bravery to say proudly that we are going forward on the proper way to serve the poor in Yemen.
May God Bless you and lead you to success.
Nagwa Mohammed Fadhle