Call for Paper- 9th Biennial microfinance Conference

The Association of Ethiopian Microfinance Institutions (AEMFI) invites microfinance practitioners, policy makers, researchers, consultants and academicians to submit short abstract of their papers for screening until August 30,2016.

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SAVE THE DATE - 9th Biennial Microfinance Conference

Association of Ethiopian Microfinance Institutions (AEMFI) is pleased to announce the 9th biennial microfinance conference that will be held from November 23-26, 2016 in Jigjiga, Somali region. The theme of the conference is "Innovation to promote inclusive finance for a sustainable development in Ethiopia".

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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

Knowledge Sharing event on MicroLead progrmame

June 3, 2015, Radison Blu Hotel, Addis Ababa

knowledge sharing event was organized to share and discuss the opportunities and needs of the microfinance sector among the wider stakeholders of the Inclusive Financial Sector in Ethiopia and how and what can be done further in the pursuit of the National Financial Inclusion agenda. 

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8th Biennial Microfinance Conference

Hawassa City, – October 22, 2014 - The Association of Ethiopian Microfinance Institutions (AEMFI), a national network of Ethiopian Microfinance institutions, held its 8th Biennial conference from Wednesday October 22 - Saturday October 25, 2014 in Lewi Resort, Hawassa. Over 150 people from the inclusive finance arena specifically,  executive directors of MFIs, board representatives of MFIs, Micro and small enterprise promotion, Central Banks, universities, international organizations, entrepreneurship promotion organizations, technology companies,  financial cooperative experts  and development partners from across the country and the continent attended the four-day event. Each year, the conference selects a different theme. This year, AEMFI incorporated a “Inclusive finance for expanding opportunities for the financially excluded population” theme.

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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 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.

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