Local Partners
MicroWorld is proud to work with a number of local microfinance institutions who are responsible for disbursing and monitoring loans, supporting micro-entrepreneurs in the development of their businesses, and collecting repayments. For more information on how these institutions are selected and integrated, please see the How We Operate section.
MicroCred
Senegal
MicroCred Senegal’s mission is to support Micro, Very Small, and Small-to-Medium Enterprises in their development through providing financial services that are appropriate to their needs. By taking a personalized approach, MicroCred Senegal assists merchants, artisans, and service providers in expanding their businesses by financing their income generating activities.
Fondesurco
Peru
Fondesurco’s mission is to provide the rural small business sector in Peru with access to credit and development services in order to contribute to their social and economic welfare. The institution's core values are customer focus, innovation, transparency, social responsibility and commitment.
Al Majmoua
Lebanon
Al Majmoua, which means "The Group" in Arabic, was established in 1998 as a microfinance program for women with low incomes, initiated by the US organisation Save The Children. Today a major player in the microfinance sector in Lebanon, Al Majmoua, an NGO, serves more than 25,000 borrowers in rural and urban areas throughout the Lebanese territory. Al Majmoua applies and follows a nondiscriminatory policy, both with regards to its employees and customers.
HUMO
Tajikistan
HUMO is a microfinance institution in Tajikistan. Established in the east of the country where the majority of the population is concentrated, the institution has a dozen branches spread over the rural areas of the country. The institution serves a little over 13 000 clients by means of loans which are mainly distributed to groups of borrowers wishing to develop agricultural activities (livestock farming and sales, cultivation of various products) or small businesses (mainly market vendors or cottage industries).
SAMIC
Cambodia
SAMIC is a licensed MFI that serves over 11,000 clients in urban and rural areas through both group and individual loan products, as well as being one of the few MFIs to offer microinsurance. Started as the credit programme of health NGO, SAMIC became a separate organization in 2005. With a committed staff of 142, strong shareholders, and an experienced management team, SAMIC is aiming to expand its reach to new clients and further its vision of improving the living conditions of the poor in Cambodia.
