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Posted by Jacob Colie

Mercy Corps Microfinance Network

Financial services are an essential part of Mercy Corps’ integrated approach to help people build secure, productive and just communities. We help the poor develop their financial identities, both at the micro and macro levels, through retail and wholesale products and services. To do so, Mercy Corps has established microfinance institutions (MFIs), structured loan guarantee programmes, built capacity in existing MFIs and created service organisations to contribute to the overall development of the microfinance industry.

As of 12/31/09, our MFI network has disbursed 1.7 million loans worth £1 billion. We currently have 272,000 active clients, 64 percent of whom are women. The 12 MFIs in our network are listed below.

Afghanistan: Ariana Financial Services JSC
Bosnia: Partner Mikrokreditna Organisacija
China: Poverty Alleviation in the Tumen River Area
Guatemala: Community Health and Micro-Credit
Honduras: Proyecto Aldea Global
Indonesia: Bank Andara
Indonesia and Philippines: Microfinance Innovation Centre for Resources & Alternatives (MICRA)
Kazakhstan: Asian Credit Fund LLC
Kosovo: Agency for Finance in Kosovo
Kyrgyzstan: Kompanion CJSC
Mongolia: XacBank LLC
Tajikistan: MLF Borshud, IMON International LLC
USA: Mercy Corps Northwest