Ciro Nocerino

PAMIGA

PAMIGA (Participatory Microfinance Group for Africa) is an initiative of CIDR and leaders in African microfinance. Its mission is to contribute to unlock the economic potential in rural Africa, by promoting the growth of existing financial intermediaries that serve rural areas. Since its creation in 2005, PAMIGA developed a group of 14 locally owned African microfinance institutions (MFIs), highly motivated to develop rural finance in 10 Sub-Saharan African countries. As of today, those MFIs reach more than one million clients, with a savings portfolio equal to 55 million euros, and a loan portfolio of 85 million euros.