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Following are MISFA’s implementing partners:

The First MicroFinance Bank Afghanistan (FMFB-A) has been a MISFA partner since 2007. It is currently the largest microfinance institution in Afghanistan in terms of scope and outstanding portfolio size. The bank has a network of 45 branches, 17 of which are in rural areas, covering 14 provinces. Being a bank, FMFB-A is able to offer not only microcredit, but also deposit/savings services, as well as SME loans. FMFB-A has also proven to be innovative, introducing a housing product based on client-demand. It is currently working with MISFA on piloting a new agricultural-based loan facility.

FMFB-A website 

  mutahidMUTAHID Development Finance Institution
Mutahid Development Finance Institution was established in 2011. Its creation facilitated the smooth consolidation of the best clients, staff, and resources of microfinance institutions, which exited the sector. As such, it is well placed to incorporate best practices and lessons learned from the past. MISFA provides significant support to Mutahid and believes that with its strong management and core principles of ethics, ideas and hard work, it could be a sustainable, model entity, contributing to the growth of development finance in Afghanistan.

Mutahid website

OXUS Afghanistan was created in 2007 with funding from MISFA. OXUS Afghanistan was able to build on ACTED’s experience and past programs in the country, in particular a micro-loan initiative to provide farmers with seeds and tools for sowing. By January 2007, OXUS Afghanistan had become a registered company under Afghan law.

OXUS website

HFL has been a MISFA partner since 2010. HFL targets both female and male clients in urban communities with sufficient economic activity and potential. At present, HFL offers two core loan products, the Group Loan for female and male clients, and the Individual Loan for male clients. HFL operates in Kabul city.


Photo of the week
photo of the week
MISFA participates in Access To Finance (A2F) Exhibition
Latest Publications

MISFA Annual Report
For The Year Ended 31 March 2014

MISFA e-Newsletter
October 2014