In January 2015, we launched the Microfinance Institution (MFI) of the Year Award to acknowledge and appreciate our outstanding partners demonstrating leadership in the microfinance industry both regionally and globally. The award features organizations that continue to responsibly provide sound financial services while incorporating new, more and/or better products and services for …
The MFI of the Year for Africa/MENA Region Awarded to INMAA in Morocco
The MFI of the Year for Africa/MENA region was awarded to our partner in Morocco, INMAA, an organization that has demonstrated consistent growth over recent years. Following a 2009-10 crisis of the once celebrated Moroccan microfinance sector, INMAA had lost half its clients. This crisis was due to unchecked rapid growth, over-indebtedness …