Toward Better Resilience During the War Crisis: Case Study of Three Microfinance Institutions in Yemen

This qualitative study is based on interviews with 11 professionals from different management levels in three microfinance pioneers in Yemen. It found that the operation of the studied institutions has been interrupted by four turbulences and challenged by three market changes which drove these microfinance institutions to adapt their strategies and practices.

The study recommends the institutions to continue adjusting their polices, strategies and practices based on lessons learned, and to continue seeking more help from professional organizations, researchers, and donors to enhance their resilience capabilities.