National Microfinance Foundation review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.

Our verdict

The National Microfinance Foundation is a direct microfinance lender in Yemen, built for adults who can offer a gold, shop or commercial guarantee and want to clear debt early at no cost. Borrowing runs YER 100,000 to YER 6,000,000 at a fixed rate, which suits small traders and households with a steady, provable income.

Key facts

Best for
Yemeni borrowers who can put up a gold, shop or commercial guarantee.
Loan amount
YER 100,000 to YER 6,000,000 (Source, checked September 26, 2026)
Term
6 to 12 months (Source, checked September 26, 2026)
Funding time
Up to 3 days from application if all documents are ready (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
Yemeni national; age over 18 and under 60; electronic ID card; stable residence preferably owned; able to provide required guarantees (gold, shop or commercial guarantee); not an active client of another financing programme (Source, checked September 26, 2026)
Loan types
Business, Personal, Secured, Credit-line (Source, checked September 26, 2026)
Legal entity
National Microfinance Foundation (Source, checked September 26, 2026)
Headquarters
Yemen (Source, checked September 26, 2026)
Founded
2003 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Credit line
Official website
nmfy.org

Apps and profiles

Elsewhere
LinkedInX

Pros and cons

Pros

  • It is a direct lender, so there is no broker layer between application and repayment.
  • The rate type is fixed, so instalments do not drift over the life of the loan.
  • Free early repayment, which lets a strong month cut the principal down at no extra cost.
  • A credit line is offered alongside personal, secured and business lending (credit line).

Cons

  • Terms are 6 to 12, so a larger balance has to be repaid in a tighter window.
  • Support runs on email, phone and help centre only, so questions raised outside those channels can take longer to answer.
  • Eligibility is tight: an electronic ID card, a stable residence and a guarantee are required, and you must not already be an active client of another financing programme.
National Microfinance Foundation

Ready to try National Microfinance Foundation?

Scored 9.1 / 10 by BorrowCue.

See alternatives

Who it suits

  • Yemeni adults with a stable residence, preferably owned, who can offer a guarantee such as gold, a shop or a commercial guarantee.
  • Borrowers who want fixed pricing plus free early repayment, so a good month can clear the balance.
  • Small traders who want a credit line (credit line) alongside a fixed-term loan.

Who should look elsewhere

  • Monzo Flex, whose borrowing runs £10,000 to £35,000, if you want sterling rather than rial lending.
  • Cashspace, with peso amounts of PHP 500 to PHP 25,000, for anyone looking outside the rial market.
  • Cashspace ES, with euro amounts of €100 to €5,000, if you cannot offer a gold, shop or commercial guarantee.

Who runs it

The National Microfinance Foundation is the legal entity behind the lending, and it is based in Yemen. It has been working since 2003, so it is an established name rather than a new entrant. Support runs on email, phone and help centre, so you can reach it by email or phone as well as through its help centre. Expect to deal with the same organisation from application to repayment.

How National Microfinance Foundation compares

Where National Microfinance Foundation is available

Available
Yemen

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

How much can I borrow from the National Microfinance Foundation?+

Loan amounts run YER 100,000 to YER 6,000,000, in rial, from a modest sum to a much larger facility. What you can actually draw depends on the guarantee you can offer and your income. The same ceiling covers the personal, secured, business and credit line products the foundation runs.

How long do I have to repay a loan?+

Repayment terms run 6 to 12, so a balance is settled quickly and the interest paid over its life stays contained. That suits someone with steady monthly income who would rather clear the debt fast than stretch it. Check the instalment against your income before you sign.

How quickly is the money sent after applying?+

Disbursement timing is Up to 3 days from application if all documents are ready. The clock starts at the application, and having the full set of documents ready matters. Gather your electronic ID card and guarantee papers before you apply and the wait becomes easier to plan around.

Is the interest rate fixed or variable?+

Pricing is fixed, and the lending model is fixed rate. That means the instalment you agree at the start is the instalment you keep paying, so a rise in market rates will not push up your repayments. It is a safe structure for someone taking out a first formal loan.

Can I repay a loan early without a charge?+

Free early repayment is available, so clearing a balance ahead of the 6 to 12 schedule costs nothing. If your income is uneven, a strong month can be used to bring the principal down rather than letting it sit. Ask how partial payments are recorded before you start.

Who is eligible to apply for financing?+

Eligibility is narrow: Yemeni adults with an electronic ID card and a stable residence, preferably owned, plus a guarantee such as gold, a shop or a commercial guarantee. You must not be an active client of another financing programme. The foundation is based in Yemen and lends in rial.

What kinds of lending are on offer?+

The range covers personal, business and secured loans as well as a credit line (business, personal and secured). The credit line is the flexible option (credit line), letting you keep a limit and draw against it as shop or household needs arise instead of taking a fresh loan each time.

How do I get in touch with the foundation?+

Support runs on email, phone and help centre. Email and phone are the quickest routes, and the help centre holds written answers you can read before applying. Raising a question early is worthwhile, because the guarantee you can offer shapes both the amount and the 6 to 12 term you are given.

Sources

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: APR, Arrangement fee, Credit check, Representative example.

National Microfinance Foundation

National Microfinance Foundation

Yemeni borrowers who can put up a gold, shop or commercial guarantee.

9.1/10See alternatives

Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie policy
Cookie settings