Kabul – Afghanistan, 11 Feb, 2018 – The First MicroFinance Bank, Afghanistan (FMFB-A), a leading commercial and microfinance bank, has partnered with Xpress Money, one of the most dependable money transfer brands in the world, to offer customers in Afghanistan the convenience of receiving money sent from abroad. The service is currently available at FMFB-A’s […]
Kabul, 8 October, 2017 – The Selection Committee for the European Microfinance Award 2017, on “Microfinance for Housing”, composed of members of the Luxembourg Ministry of Foreign and European Affairs, European Microfinance Platform (e-MFP) and Inclusive Finance Network Luxembourg (InFiNe.lu), chose the three finalists who will go on to compete for the €100,000 prize: The First […]
On September 24, 2017, Afghanistan Microfinance Association (AMA) organized a five-day training (September 24 – September 28, 2017) on the subject of “Agriculture Credit Risk Management” for the middle and senior level management of its members in the conference hall of Safi Landmark hotel, Kabul. The main purpose of holding this training was to build […]
The roundtable of Banks and MFIs was organized jointly by AMA and ABA on September 20, 2017 at Golden Star Restaurant in Kabul where the Deputy Governor of DAB, representatives of ABA, Banks, AMA and MFIs present in this meeting. It was decided to form a joint committee of Banks and MFIs where ABA and […]
AMA organized a program awareness on access to agriculture credit on September 13, 2017 in Jalalabad city of Nangarhar province, where 65 participants including the DAIL representative of Nangarhar, farmers, CDC and DDA members and a member of AMA FMFB participated. The acting Director of DAIL of Nangarhar province welcomed the participants, and said that […]
Kabul, 27 August, 2017 – The First MicroFinance Bank, Afghanistan (FMFB-A), a leading bank and microfinance services provider has signed a grant agreement with MISFA’s Access to Finance project funded by International Development Association IDA/World Bank amounting to USD 255,980 to expand the scope of its existing “Construction Advisory Service” and familiarize clients with safe construction […]
Through grant funding provided by USAID’s Agriculture Credit Enhancement Program (ACE-II), Afghanistan Microfinance Association (AMA) continued implementing a series of programmatic activities aimed at increasing awareness and access to agricultural credit in rural communities. On August 21, 2017 AMA organized an Agriculture Credit Awareness Raising Workshops in Kabul provinces. 69 participants, mostly farmers, attended in […]
When it comes to accessing credit for women farmers and women-owned agriculture-related businesses, challenges have often forced these operations to close because of a lack of understanding how credit works. The United States Agency for International Development (USAID) wants to change that and help these women prosper in their businesses. With that in mind, USAID’s […]
On August 5, 2017, Islamic Investment & Finance Cooperatives (IIFC) Group, and Exchangerzone signed Memorandums of Understanding (MoU) with Da Afghanistan Bank (Central Bank of Afghanistan) to get benefit of utilizing facilities provided by the Public Credit Registry (PCR). The two MFIs will first receive necessary trainings to know more about the system and its […]
FINCA Afghanistan has begun implementing its Customer Experience Strategy that puts both its customers and employees at the center of the business. ASAN Plan: The ASAN Plan, which refers to “easy loan,” is intended for good customers, who have a good credit history with FINCA Afghanistan. This plan provides such customers the incentive of processing […]
