Koshi Yomuti1

Koshi Yomuti ELO / Microfinance Project in Northern Namibia (MPNN)

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FIDES Bank Namibia
Mission:
To provide financial services (savings, credit, microinsurance) and education to active people excluded from formal financial systems. The target group is mainly rural microenterpreneurs with a positive discrimination towards women.
Background and Main Challenges: 
**INSTITUTIONAL NO LONGER OPERATIONAL AS OF 12.31.2009** "Based on the results of a feasibility study (1999) analyzing the demand and supply of financial services in Northern Namibia, the Namibian Ministry of Trade and Industry, GTZ and FIDES initiated the “Ohangwena Pilot Project” in November ... Read more
Country: 
Ongwediva PO Box 3513
Oshakati
Namibia
Phone: 
+264 (65) 231357
Fax: 
+264 (65) 231365
Email: 
info [at] fidesbank [dot] co [dot] na
Website: 
Main Funding Sources: 
Loans
Savings
Shareholder Capital
Products and Services: 
Loans
Voluntary Savings
% Operations Comprised by MF: 
91 - 100
Date established: 
May 2 2002
FYE: 
31-Dec
Regulated: 
no

Partnerships

Current
Name Relationship
Craft Silicon Vendor
FIDES AG Partner

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity