Aga Khan Agency for Microfinance
For more than 60 years, various agencies of the Aga Khan Development Network (AKDN) have offered microfinance services through integrated development programmes and self-standing microfinance institutions. Today, these programmes have been brought together under the Aga Khan Agency for Microfinance (AKAM).
Areas of Activity
17 million people
AKDN offers a range of financial services from community-based savings groups to corporate banking to life insurance. These services are used by 17 million people each year.
AKDN has mobilised over $1 billion to support a number of institutions and programmes involved in the social, economic and cultural development of Afghanistan.
The Aga Khan Agency for Microfinance provides over 500,000 clients in poor and low-income populations a safe, convenient place to save while also building a stable deposit base as a long-term, local source of funding.