The Microfinance Investment and Support Facility for Afghanistan (MISFA) conducted a one-day training session on “Managing Risk & Ensuring Compliance” on the 18th of August 2026, bringing together 39 participants...
Afghanistan’s population has increased by a staggering 10% over the past two years.[1] The growth has been driven, in large part, by people returning from neighbouring Pakistan and Iran. The...
Since September 2022, when the Murabaha and Mudrabah products were approved by the Dar-ul-Ifta of the Supreme Court, MISFA-partner microfinance institutions (MFIs) have financed over 100,000 clients. The total value...
Life was hard for Madina as a refugee in Iran and as a returnee in Afghanistan. She had wanted to apply the tailoring skills she learned in Iran but without...
When Del Jan, 54, returned home to Kabul from Pakistan with her husband and children 12 years ago, she was full of hope. She had been looking forward to the...
Fraidon Ahmadi was not new to business when he applied for his very first micro credit from Mutahid Development Finance Institution. In fact, he was once a wealthy business owner...
THE STORY OF SALEHA With eight children, Saleha, 34, and her husband were struggling to make ends meet with his meager daily wage income. “My husband worked as a farm...
Story of Mohammad Ali - A Microfinance Client Since returning from Iran after the Taliban regime collapsed, Mohammad Ali has been trying his hand at various businesses to support his...
Story of Sayed Mohammad Sayed Mohammad and his wife, a school-teacher, were making ends meet as a couple, living in the third istrict of Badakhshan province: Guzar Mohmmad Rahim-bay village....
The Story of Arefa Arefa, 55, is a widow from Shinwari village in the Sayed Khail district of Parwan province. Since the death of her husband and the marriage of...
