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Introduction

Since its establishment in 2005, the Aga Khan Agency for Microfinance (AKAM) has taken over 25 years of microfinance activities, programmes and banks that were administered by sister agencies within the Aga Khan Development Network. The underlying objectives of the Agency are to reduce poverty, diminish the vulnerability of poor populations and alleviate economic and social exclusion.

AKAM is a not-for-profit, non-denominational, international development agency created under Swiss law. Its headquarters are in Geneva, Switzerland. It is governed by an independent Board of Directors. The Chairman of the Board is His Highness the Aga Khan.

 

News Archives

Insuring the Poor against Healthcare Costs
10 January 2010 - Many poor people who begin the long climb out of poverty are pushed back by financial crises caused by illness or the death of a principal breadwinner. Paying for health care or funeral arrangements often takes away the assets built up over years of struggle. Some families become indebted to money lenders; others sell their livestock, crops or housing.

Microfinance Helps Poor Families Build Safer Housing in Pakistan
12 January 2010 - The First MicroFinanceBank Ltd Pakistan (FMFB) and the Aga Khan Planning and Building Service, Pakistan (AKPBS) are launching a programme designed to help poor and low-income families make their homes safer, healthier and more energy efficient.

Knowledge and Resource Sharing through Partnerships
01 November 2009 - Partnerships between like-minded institutions can have enormous benefits – for scaling up proven programmes, reinforcing programme elements and, not least, for sharing best practices. For example, a group that is innovative but inexperienced in scaling up a project can call on another organisation’s expertise.

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