The First MicroFinance Bank, Afghanistan (FMFB-A) started operations in 2004 and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in over 15 countries throughout the developing world. It is affiliated with the Aga Khan Development Network (AKDN), a group of nine development agencies working in health, education, culture […]
Islamic Investment & Finance Cooperatives (IIFC) Group was established in 2009 with USAID funding. It is registered with the Ministry of Commerce & Industries with the mandate to establish, develop and strengthen Islamic Investment and Financial Cooperatives (IIFCs) on a continuous basis. Web Link Mutahid Development Finance Institution was established in April 2011 and is […]
The First MicroFinance Bank (FMFB-A) Opens Branch for Women Only, First in Country The First MicroFinance Bank, Afghanistan (FMFBA), a leading commercial and microfinance bank, announced the opening of the country’s first women-only branch in Kabul. This initiative will allow Afghan women to manage their finances in a safe and facilitating environment, thus overcoming social […]
Mr. Mohammad Akbar Sarwari Executive Director Mohammad Akbar Sarwari currently serves as Executive Director of AMA. Previously he worked as Rural Finance Specialist with the Microfinance Investment Support Facility for Afghanistan (MISFA). He has also worked with different International NGOs in different capacities as regional manager, chief finance officer and field manager. He has over […]
Mutahid Operates as an Individual Entity Mutahid Development Finance Institution received a separate business license in April 2017 and transformed into an independent and wholly owned subsidiary of Microfinance Investment Support Facility for Afghanistan (MISFA). It was previously operating as the retail arm of MISFA. Mutahid recently signed various agreements with MISFA, with a combined […]
