Call for Paper- 11th Biennial Microfinance Conference

The Association of Ethiopian Microfinance Institutions (AEMFI) plans to conduct the 11th biennial microfinance conference in the coming year in the city of Bahirdar.

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Call for Paper: Microfinance Development Review- Volume 12- 2020

The Association of Ethiopian Microfinance Institutions (AEMFI) is planning to publish its Microfinance Development Review (MFDR) Volume 12, No.1.

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Why Social Performance Management is important

By managing both their social and financial performance MFIs can be effective in achieving their social and financial performance MFIs can be effective in achieving their social mission and growing into sustainable businesses.

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It is known that providing financial services is there for centuries. However, the type of the services differ from one country to another particularly some banks deals only with the very poor which is very difficult. This is because of the people whom the banks are serving and the product makes it different. It has its own procedures along with its products. In line with this, in Ethiopia, there are _____ government and private banks. Besides, there are 29 microfinance institutions providing financial services to the vulnerable poor particularly to the rural poor. Under proclamation 40/96 the Ethiopian microfinance starts serving the rural poor with the supervision and monitoring of National Bank of Ethiopia.

Consequently, like any other countries, establishing microfinance associations is vital in helping the existing microfinance institutions. Under this umbrella organization the MFIs are able to get the support in terms of training, networking, information sharing, etc. Above all the importance, the Association of Ethiopian Microfinance Institutions (AEMFI) was established under the Ministry of Justice in June 1999 as a non profit, non governmental organization. The founding MFIs were Dedebit Credit and Saving Institutions (DECSI), Amhara Credit and Saving Institution (ACSI), Oromia Credit and Saving Institution (OCSSCO) and Omo Microfinance Institution (OMFI).

The purpose of establishing AEMFI is to advance best practices both among its member MFIs and for the industry as a whole. Moreover, AEMFI was established to serve as both the voice and the support system for the industry.

AEMFI has a well defined ownership and governance structure. The supreme decision making organ is the General Assembly of the member MFIs. The general assembly comprises of 58 member MFIs which represents two from each member MFIs on an equal basis. It has a board of directors which elected by the general assembly to serve for three years.

The vision of AEMFI is to see reduced poverty level through efficient and sustainable delivery of financial services by member MFIs to the poor in Ethiopia.

The mission of AEMFI is to develop a sustainable institutional structure that would serve its member institutions be members of a viable and vibrant microfinance industry in Ethiopia.

As per the vision and mission statements, AEMFI strives to achieve the following objectives.

  • Promote professional standards through training, experience sharing, exposure visits and technical assistance
  • Develop a clear understanding and propose solutions for encountered problems by the microfinance sector through research

Latest news

Updates on recent activities of AEMFI

TOTs to MFI Staffs and TSPs

AEMFI in partnership with LIFT delivered two Training of Trainers (TOTs) to microfinance practitioners and technical service providers in the sector from November 11-20, 2020. The focus area of the first training was on SLLC linked product manual preparation/ product development, while the second one focused on Business plan appraisal and saving mobilization. A total of 14 participants from various microfinance institutions and independent technical service providers attended the trainings.

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10th Biennial Microfinance Conference held between November 28- December 1,2018

The 10th Biennial conference took place from Wednesday November 28 to Saturday December 1, 2018 in Mekelle, Ethiopia. Over 160 people from the inclusive finance arena; specifically, executive directors and board representatives of MFIs, MSE and SME promotion agencies, Banks, local as well as foreign universities, international organizations, entrepreneurship promotion organizations, technology companies, consultancy companies, financial cooperative experts and development partners from across the country and the continent attended the four-day event.


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MFI Technical Service Providers Certification Program- Launched

AEMFI in partnership with internationally renowned certifying organization (Frankfurt School of Finance and Management/ILO/other) is working towards introducing Co-branded Microfinance (MFI) Technical Service Providers Certification Program with the aim to bring sustainable solutions to MFIs capacity gaps.

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Profiles of success

List of Certified MFI Technical Service Providers

AEMFI in partnership with Frankfurt School of Finance and Management introduced a co-branded microfinance (MFI) technical service providers certification programme in November 2018.

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Invest in women, transforming lives


The Association of Ethiopian Microfinance Institutions (AEMFI) was established in June 1999 as a non-profit non-governmental organization after its legal registration by the Ethiopian Ministry of Justice.

Currently AEMFI has 35 member MFIs providing microfinance activities in the areas of credit delivery, saving, money transfer, and pension payment services in 8 of the 11 regional states/administrative organs of the EFDRE.


Collaborators & Partners












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Member Organizations

AEMFI currently has about 30 member organizations.

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