Its current 13 members (by mandate) are infact country-level networks, and not individual retail microfinance institutions. This decision was based upon the premise that it was a more efficient strategy for harnessing resources, and a more effective approach to building collective bargaining power and representation of the interests of microfinance institutions and low income people. Fundamental to this principle was the agreement that AFMIN will be a network of strong, operational networks.
Criteria |
Measures/Indicators
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Be legally constituted
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Legally allowed to operate in country of
origin; and
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Obtain a registration document or letter from
responsible government agency acknowledging receipt of
application for registration.
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Registration to be concluded within one year
of membership in AFMIN.
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Have a roster of at least five MFI members
representative of significant client reach
|
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List of members showing their organizational
type; and
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Number of direct clients reached by each MFI
member with savings and/or credit products; and
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Estimate of total clients reached by all MFIs
in the country; and
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Justification of significant reach (official
statistics may be provided where available).
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Have a full time coordinator
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Have a permanent Secretariat
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A physical address; and
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A functional office.
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Have a business plan
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Be providing services to members
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Commitment to performance-based criteria
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Evidence of a process of developing knowledge
and understanding of performance indicators among members
and/or evidence of a process of building consensus on
performance standards among members (e.g., workshops,
meetings, publications); and
- Signature to membership agreement of AFMIN,
which includes statement on commitment to performance-based
criteria.
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