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The Microfinance Network is a network of 20 to 25 of the world's largest microfinance institutions, spread across Asia, Africa, the Middle East, Europe and Latin America. Established in 1993, the Microfinance Network provided support to members that helped steer many industry leaders to sustainability, and profitability in many of their largest ...
The Première Agence de MicroFinance in Madagascar (PAMF-Madagascar) was established in December 2006 as a credit institution, with the first four branches established in the region of Sofia, a rural area in the north of Madagascar. In late 2008, PAMF-Madagascar became a microfinance institution. It began taking deposits in July 2009.
Microfinance stills remains a relatively new in Tanzania since it has not penetrated yet. Since 1995, microfinance has been linked to poverty alleviation programs and women (Harvey et al., 2018). [1] The government made efforts to ensure commercial banks have continued to provide financial support to the small entrepreneurial business.
Rigorous impact evaluations using control and treatment groups are difficult to undertake today, because microcredit is so common in developing countries today that few locations remain where such a research setting can still be applied. Further complicating impact studies is the often highly politicized context of poverty alleviation initiatives.
Banker to the Poor: Micro-Lending and the Battle Against World Poverty is an autobiography of 2006 Nobel Peace Prize Winner and Grameen Bank founder Muhammad Yunus. The book describes Yunus' early life, moving into his college years, and into his years as a professor at Chittagong University .
The Zimbabwe Association of Microfinance Institutions (ZAMFI) is a government institution established in 1999 with the aim of advocating for an enabling regulatory and funding environment and to promote best practices in the provision of demand-driven services for the growth of the Microfinance industry in Zimbabwe.
By 2010 there were more than twenty large micro finance institutions in Kenya, which provided US $1.5 billion to approximately 1.5 million active borrowers. With over 100,000 clients, Equity Bank Kenya had the largest share of business loans representing market share of 73.50% followed by Kenya Women Microfinance Bank with 12.06%.
The six founding members of the Network of Microfinance Institutions were the National Bank for Economic Development (), the Financial Company for Development (), the Cooperative Fund for Savings and Mutual Credit (), the Municipal Development Fund (Fonds de Développement Communal, FDC), Twitezimbere ASBL and the Cooperative for Solidarity with Peasants for Savings and Credit ().