INAFI acronym for International Network of Alternative Financial Institutions envisions a world where even the poorest of the poor are assured a life of dignity, with food and income security that enables them to afford basic needs – shelter, clothing, basic health care and education for their children.INAFI envisions a world where the poor have the opportunity to transform their lives through building sustainable livelihoods, by participating in their own development to enhance their own skills and reduce their vulnerability.
The international Network of Alternative Financial Institutions INAFI was established in March 1995 in Cusco Peru.
As a global Network of microfinance practitioners, INAFI is committed to poverty reduction through microfinance interventions. It brings together microfinance practioner institutions at tree levels- international, regional and country levels in Latin America, Africa, Asia.INAFI is:
• A Network of more than 307 member organizations spread in Africa, countries in Asia and Latin America
• Collective reach of Network of more than 25 million clients
• Combined portfolio of around US$ 700 million in credit and US$ 300 million in savings
• Diverse organizational structure, legal frameworks, geographic coverage, scale of operations, methodologies, and product range
• Shared commitment to serving the poor, particularly the most vulnerable segments of the population through financial services.
INAFI aims to work as a single entity with shared values, vision and mission. As leaders in the sector INAFI member organizations have the potential to influence policy impact at the national and international levels. INAFI members together give the Network the ability to bring the voice of the poor to the policy makers to influence development policies and practices.
INAFI’s organizational structure enables participatory decision-making through bottom up processes. INAFI member organizations get their mandate from the clients whom they serve. Member organizations come together as General Assemblies at the regional level to elect Boards. The regional assemblies nominate two representatives to the INAFI International Board.
INAFI member organizations are autonomous institutions. The INAFI regional networks also are autonomous entities, with their own governance and management structures based on the specific needs and interests of members.
INAFI International Foundation consists of the three regional networks -- INAFI Africa, INAFI Asia and INAFI Latin America. INAFI Global Vision
A World where the poor are empowered and ensured sustainable livelihood with dignity
INAFI Mission
To propose alternative finance that is pro poor, holistic, and sustainable.
Core Value
I. Inclusive-Holistic-Diversity
N. Native-Indigenous
A. Alternative
F. Facilitating- Enabling
I. Innovative-Creative
Hide
Networks
