The SEEP Network and The MasterCard Foundation are launched a 7.6 million, four-year partnership to strengthen and develop the capacity of microfinance industry associations in Sub-Saharan Africa.
As microfinance scales and commercializes in Africa, there is an opportunity to support greater consumer protection and financial transparency within the industry. Microfinance associations play a key role in supporting the sustainable growth of the microfinance industry. SEEP, as the global network of networks in microfinance, serves these associations by connecting them to a global learning community and by supporting capacity building efforts.
Through this partnership, eight microfinance associations with a membership of nearly 500 microfinance institutions (serving, in total 6 million clients) will improve their core management capacity. The project will also advance financial transparency and consumer protection principles among microfinance institutions, and share learnings with associations across Sub-Saharan Africa to scale and sustain industry growth.
|Location||Central Africa, West Africa, Southern Africa, Eastern Africa|
|Value||USD 7.6 Million|