MISFA

A victim of theft turns bankruptcy into a boon

Khalil's shop was robbed twice but microfinance helped him become a confident entrepreneur. Download Full Story

A widow living in a cave finds her way out

In 1997, Sousan became a widow at 37 years old when her husband, Mohammad Hussain, died of cancer. Suddenly, the housewife, who was illiterate, became the default breadwinner, in charge...

A once needy woman becomes the village “Khala”

THE STORY OF NAJIBA By Matin Ezidyar MISFA Staff It was not so long ago when Najiba, her husband, who is paralyzed on one leg, and her seven children were...

A glimmer of hope for a woman in despair

For MISFA staff Matin Ezidyar, the trip to Badakhshan was work­—one of the tasks to tick off from his list of priorities. He was scheduled to meet with some of...

Rural Women in Bamyan: Ultra-poor No More

A number of once marginalized women in the rural districts of Bamyan province—some used to beg for food on the streets—have recently become livestock owners with access to markets, a...

Lessons from the field: “It takes a village…”

Lack of coordination and communication among stakeholders at the field level has been

Afghan Returness Forgetting Fear, Finding Fortune

A joint study conducted by the United Nations High Commission for Refugees (UNHCR) and BRAC show that contrary to their fears about coming home, many Afghan returnees found a better...

Study assesses demand for Sharia-based financial products

A recently completed research assesses the demand for Sharia-based financial products and services by potential borrowers in urban and rural settings in the provinces of Herat, Kabul, Jalalabad and Mazar-e...

Afghan Microfinance Sector Hits 1 Billion Dollar Mark

Press Release The microfinance sector of Afghanistan has reached a milestone, disbursing a combined total of more than US$1 billion to hundreds of thousands of Afghans since its official creation...

Mutahid Development Finance Institution

As part of the ongoing consolidation of the microfinance sector of Afghanistan, MISFA is facilitating the merging of the strengths, talents and other assets of three microfinance institutions—MADRAC, MOFAD and...