Silatech Director of Microenterprise Justin Sykes, said:"The YEEP
II programme represents one of the most holistic and comprehensive youth economic empowerment strategies we have come across in the Mena region, and we are delighted to be working to deliver this initiative".
Caroline Lensing-Hebben, Chief Technical Advisor of the YEEP
, says, "we have just adopted our upscale plan for the next two years, targeting 8,000 vulnerable youth in 9 governorates, with a focus on conflict-affected areas such as Abyan and Sa'ada, and targeting at least 25% women.
Sabah Badri Bakeer, the CEO of YEEP
, explained that participants use their own earnings and savings as the foundation to start the business, but UNDP triples their money through a loan.
According to the YEEPS report: “in spite of the various technological and regulatory challenges, the key aspect of making decentralized generation work is getting the consumers onboard.