Artisans, like this silversmith on Ibo Island, Mozambique receive business loans from AKAM and are also supported by AKF’s technical training programmes so that their crafts are treated as valued commodities.AKAM’s microfinance initiatives range from village lending to regulated microfinance institutions to full-fledged microfinance banks in the following places:
Asia
Middle East
Africa
Often these activities are part of a wider development strategy being implemented by the AKDN. In addition to providing financial services, they may include business or technical advisory services and business development programmes that work directly with local entrepreneurs.
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