Call for Papers

The Association of Ethiopian Microfinance Institution (AEMFI) is pleased to announce the 8th Bi-Annual Microfinance Conference to be held from  October 22-24, 2014 in Hawassa. 

Read more ...

Publications of AEMFI

Association of Ethiopian Microfinance Institutions (AEMFI) publishes conference proceedings, occasional papers, bulletins and journals on a wide variety of issues in the microfinance sector.

Read more ...


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.

Read more ...

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

AEMFI hosted the12th AFMIN Conference & General Assembly- Oct 16-19, 2013

AEMFI successfully hosted the 12th AFMIN Annual Conference and General Assembly from October 16-19, 2013 held at the Africa Union Conference Center in Addis Ababa. The African Microfinance Networks (AFMIN), network of microfinance institutions representing 25 African countries organized the conference. The main theme of the conference was"Inclusive Finance for Inclusive Growth and Transformation in Africa". The main objective of the conference was to bring together microfinance practitioners, development partners, technology providers and policy makers discuss the future expansion of inclusive finance in Africa.

AFMIN poster for news release

The conference featured a welcome speech from the following:

  • AtoTekleweyniAssefa, board chairman of AEMFI,
  • Dr. WoldayAmeha, CEO of AEMFI,
  • Mr. OusmaneThiongane, chairman of AFMIN and
  • Mr. Davy Serge Azakpame, CEO of AFMIN

Mr. MakarimiAdechoubou, head of the regional office for Africa, UNCDF gave a keynote speech.

Read more ...

AEMFI inaugurated its G+4 new multipurpose building

AEMFI inaugurated its G+4 new multipurpose building on April 29, 2011. The board chairman of AEMFI, Ato Teklewoni Asefa, officially inaugurated the new multipurpose building.aemfi-building-1

Read more ...

AEMFI in Social Performance Task Force Meeting


In June 2010, AEMFI participated in the annual conference of social performance task force in Bern, Switzerland. At this conference, global, regional and national networks met to share experiences and concerns, gave up-dates on progress made towards last year's objectives, and determine which key issues should inform the plenary meetings

Read more ...

AEMFI launched its new website

eas-profileThe Association of Ethiopian Microfinance Institutions (AEMFI) has launched its new website. The website was developed following a standing IT partnership agreement signed between AEMFI and EAS Software Technloloiges PLC

Read more ...

Profiles of success

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 30 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










Click here! to learn how to become a collaborator

Member Organizations

AEMFI currently has about 30 member organizations.

Click here! to see details about membership or here! to see a list of our member organizations.

Click here to see members on a map


Click here! to see some of the Frequently Asked Questions