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ARIES Implementing Partners

 

ARIES has provided funding for MISFA to lend to those microfinance institutions working in the ARIES target regions.

MISFA was set up in 2003 at the invitation of the Afghan government to get donor coordination “right” from the start and to build a strong microfinance sector in Afghanistan. It was the first facility of its kind, pooling diverse donor funding mechanisms and converting them into streamlined, flexible support to microfinance institutions in Afghanistan, tailored to local priorities and accompanied by technical assistance and strong performance monitoring.

 

MISFA is registered as a legal autonomous body in the Afghan private sector. MISFA Board consists of government representatives,  private sector, and international microfinance industry.

 

Contact: Mr A Ali Arbab, Managing Director

Address: House 436, St 13, Wazir Akbar Khan, Kabul

Tel: +93 (0)799 459 827

Email: amjad.arbab@misfa.org.af

 

Please click for more information on MISFA

 

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ShoreBank International has been involved in Afghanistan since mid-2003 in all levels of lending to the rural financial sector.  The levels include a continuum of lending through microfinance institutions, a leasing company and debt financing through a local bank.   Currently, ShoreBank is developing a $15M small and medium enterprise (SME) window within MISFA, and will wholesale credit lines and guarantee facilities to selected financial institutions.  In addition, ShoreBank is offering tailored technical assistance to the institutional partners working in the targeted regions.

 

Contact: Mr.Edward Guerrero, Senior Manager
Address: H 436, St 13, Wazir Akbar Khan, Kabul

Mobile:  +93 (0)797 138 968

Email: edward.querrero@misfa.org.af

 

Please Click for more information on ShoreBank

 

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ACDI/VOCA works to promote economic opportunities for cooperatives, enterprises and communities through the innovative application of sound business practice. ACDI/VOCA has founded the Afghanistan Rural Finance Company (AFRC) as an officially registered Afghan entity, providing direct loans to cooperatives, private agribusinesses, and rural SME enterprises with the initial focus in the Alternative Livelihood Development (ALD).

 

Contact: Mr Rusty Schultz, Team Leader

Address: House 52, St 2, Charahi Ansari, Kolola Pushta Road, Kabul

Tel: +93 (0)799 162 469    

Email: Rusty@us-Expats.com

 

Please Click for more information on ACDI/VOCA

 

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WOCCU is the apex organization of the international credit union system which is assisting with the setup of Investment and Finance Cooperatives (IFC) in Afghanistan. Unlike banks and microfinance institutions, IFC’s are formed and owned by their members. Only owner-members have access to the savings and loan services provided by each IFC.

 

Contact: Mr. Randall D. Spears, Project Director

Address: Street 1, House 109, Charahi-Ansari, Shar-i-Naw, Kabul

Tel: +93 (0)700 774 521

Email: rspears@woccu.org

 

Please Click for more information on WOCCU

 

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FINCA Afghanistan was set up in 2004 by the international NGO, FINCA International. ARIES is supporting the expansion of FINCA microfinance services into new provinces. The organization has pioneered the development of Shari’a compliant lending (Murabeha) in Afghanistan. All FINCA-Afghanistan credit products are to address specific needs of entrepreneurs and also increased loan sizes needed by slightly larger micro-enterprises.

 

Contact: Mr Paul Robinson, Chief Operating Officer

Address: House 1132, St 4, Shirpoor, Kabul

Tel: +93 (0)799 857 261

Email: paul-robinson@prodigy.net

 

 Please Click for more information on FINCA

 

 

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