Category Archives: MFI Highlight

Microfinance In Ethiopia: DECSI

DECSI (Dedebit Credit And Savings Institution S. C), located in the Tigray Region of Ethiopia, is an MFI that has over 423,000 active borrowers and has a gross portfolio of over 116 millions USD. The mission of DECSI is to improve the well being of those individuals, who are not getting services from the formal sector banks, by increasing their income and wealth through the provision of quality and sustainable … Read More >>

Offering the ideal of “private property for all,” Prisma is a microlender registered as a U.S.-based international holding company offering financial services in Latin America. Its principal business operations are making loans to “unbanked” customers that are ignored by the mainstream finance sector. Prisma makes loans, at risk-adjusted market rates, from USD 50 to USD 15,000. Application for services is open to anyone. In Nicaragua in 1995, the two entrepreneurs … Read More >>

A member of the Nicaraguan Association of Microfinancing Associations, Fondo de Desarrollo Local is a lead institution in credit service provision in Nicaragua’s rural sector.  FDL’s portfolio is over $ 54 million dollars placed with more than 75,000 clients, 61% of whom are women, and 62% of the credits are agricultural. FDL has received various international acknowledgements as one of the most transparent and best administered institutions in Central America … Read More >>

MFI Highlight: Cambodia – CREDIT

CREDIT, a licensed microfinance institution in Cambodia since May 2004, has raised almost $2,000,000 on Kiva over the past 27 months. However, it hasn’t always been a MFI — the faith based organization was started in 1993 by World Relief US in Cambodia and was registered as a private limited liability company (LLC) in 2003. Today, World Relief Corporation has a 74% shareholding in the company, World Relief Canada owns … Read More >>

Asasah: Founded in Pakistan in 2003 by Ms Tabinda Jaffrey, Asasah’s promise is to “eradicate poverty by enhancing micro-productivity of poor households.” With 29 branches and over 41,000 cumulative active clients, Asasah believes that if executed properly, microfinance can create a lasting impact on households. Although Asasah makes women the primary credit recipient, they target the entire household, requiring both spouses to be jointly responsible to uphold the organization’s terms. … Read More >>