Membership

Why Join AMFI

Membership to AMFI is a sign of commitment to the ideals that AMFI seeks to promote. Membership benefits includes:

  • Building your institution’s profile regionally and internationally
  • Having a voice in shaping the future of the micro finance industry in Kenya.
  • Access to various forums where members make contacts, share and gather information and build consensus on industry issues.
  • Access to a wide range of services from AMFI including information, capacity building, technical assistance and advertising opportunities in AMFI’s publications and website
  • Networking with AMFI’s global and regional patners.

Membership

Ordinary members comprise of:

  • Deposit taking micro finance institutions
  • Credit only Micro finance institutions
  • Wholesalers

Associate Members comprises of:

  • Commercial banks
  • SACCOs
  • Insurance companies, Organizations established under independent Acts of Parliament and Development organizations

Honorary members will essentially consist of:

  • Ex-official members

All categories of members with the exceptional of  honorary members have equal voting rights and contribute to the networks funding through annual subscriptions.

Eligibility Criteria

An institution must:

  • Offer micro finance services to the poor or low income earners or provide support services to the micro finance industry
  • Be committed or demonstrate clear intent to become sustainable
  • Have a clear micro finance business with a minimum of 500 clients and one year in operations
  • Non discriminate against clients on the basis if religion, ethnicity or political affiliation.
  • Be a non-partisan
  • Demonstrate management capacity to effectively manage their operation in accordance with internationally accepted principles as evidenced by; Fit and Proper Test, Corporate Strategy, Quality of Portfolio, IR Policy and Business Plan