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| International Network of Alternative Financial Institutions | ||||
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In 1995, twenty-five microfinance practitioners from three continents, viz., Asia, Africa, and Latin America established the International Network of Alternative Financial Institutions (INAFI) in Peru. INAFI, now a network of 118 NGOs/MFIs operating in 38 countries in three continents, continues to have twofold commitment to development as it had, though it is now headquartered in The Hague, and registered under Dutch law: every INAFI member is highly dedicated to the eradication of the root causes of poverty, and secondly, INAFI members are committed to implementing individual programs. INAFI members are as distinct from each other as the countries they work in. They differ in context, outreach, service delivery mechanisms, and structure. Some only provide microfinance services; others have added technical assistance and training programs, while others still manage integrated social development programs. Some provide direct financial intermediation while others assume promotional roles and support self-help groups, and are putting them in contact with banks or other lending organizations
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All Rights Reserved ? 2005 Inafi Asia |
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