|Nombre Corto/Acrónimo||Microfinance African Institutions Network|
|Tipo de Organización||Other|
|Descripción||The Microfinance African Institutions Network (MAIN) is an international non profit-making association established in 1995 for an undetermined duration under the Ivorian law by several institutions. All had a long experience in microfinance and/or promoting micro-enterprises in Africa, including the Investment Society for Enterprise Promotion in Madagascar (SIPEM), the Centenary Rural Development Bank of Uganda (CERUDEB), the Ivorian Development and Investment Fund (FIDI)) of Côte d’Ivoire, the Investment and International Development Society (SIDI) of France, and IDM-Mauritania. These institutions had observed that all African organisations face similar needs, including high and increasing funding requirements, the need to strengthen information and communication systems and client tracking techniques, management of loan guarantee fund, legal and institutional sustainability, partnership management in providing technical support to clients, improving organisational efficiency, etc. The founding members of MAIN realised that in order to meet these challenges technical and joint management tools needed to be developed, and that increasing financial coverage was required to respond to the increasing demand for financial and other business development services by underprivileged people. This led them to establish a network for organisations involved in micro-finance in Africa.
The mission of MAIN is to help reinforce the social and economic role of the African microfinance institutions by initiating an African agenda for microfinance promotion in the process of African overall development. In order to achieve its mission, the association is set on: |
In order to meet the objectives of the network and fulfil the needs expressed by its members, the activities of the association are structured around three major lines:
- Developing a common ethical vision and praxis for socio-economic development
- Fostering increased professionalism among the microfinance practitioners in Africa, and to build sustainable institutions that serve the target population.
- Strengthening the role of African microfinance institutions as financial mediators.
- Communication: the objective is to facilitate and promote exchange of information in the microfinance sector and to provide a framework for concerted reflection on issues related to financing African small and micro-economic actors.
- Training: aims at strengthening the internal capacities of the micro-finance institutions. MAIN gives priority to group training, exchange visits and seminars.
- Research & Development: seeks to build up skills and to strengthen the capacities of the micro-finance organisations. This approach calls for documentation of existing know-how and practices, and production of methodological materials.
|Nombre de Contacto|| |
|E-Mail del COntactofirstname.lastname@example.org|
|Ubicación del Contacto|| |
|Palabras Clave|| MICROFINANCE INSTITUTIONS, NETWORK|