Microfinance each step towards a better tomorrow
AMA is the national network of Development Finance Institutions (DFIs) in Afghanistan. It was established in 2005 by the Microfinance Investment Support Facility for Afghanistan (MISFA), microfinance practitioners and other stakeholders. AMA was registered with the Ministry of Justice of Afghanistan in 2007. Due to limited resources and activities, AMA was not very active until 2010 and was almost a dormant organization.
In 2011, AMA was revived through the support of USAID’s Financial Access for Investing in the Development of Afghanistan (FAIDA) project, and the continued backing of MISFA. Since its revival, AMA restructured its governance and management systems, expanded its membership to go beyond microfinance institutions and include other types of development finance institutions, such as community-based savings promoting institutions (CSPI) and SME lenders. AMA also branded itself as an association that promotes the broader development finance sector in Afghanistan (as opposed to limiting its scope to only the microfinance sector).
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