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.