Momin Afghan Microfinance Institution
in Afghanistan 🇦🇫
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About Momin Afghan Microfinance Institution in Afghanistan
Momin Afghan Microfinance Institution (MAMI) is a specialized non-deposit-taking microfinance institution based in Afghanistan that provides Sharia-compliant financial services. MAMI is one of nine microfinance institutions licensed and regulated by Da Afghanistan Bank, the country's central bank. The institution focuses on providing Islamic microfinance products to micro-enterprises and low-income communities across Afghanistan, with a particular emphasis on financial inclusion and economic development.
As a member of the Afghanistan Microfinance Association (AMA), MAMI operates as part of Afghanistan's growing microfinance sector, which serves a population where only 10 percent of adults hold accounts at formal financial institutions.