International Development Grant
Support for Microfinance
Project Number: CA-3-A032992001
Status: Closed
Country/Region:
Maximum Contribution: $4,396,277.00
Start Date: January 02, 2009
End Date: June 05, 2013
Duration: 4.4 years
Project Description
The project aims to improve the professionalization and sustainability of microfinance networks to give women and the poor better access to financial services in Mali and to control these resources. Expected results include: coordinated management of the sector; better monitoring and supervision by strengthened organizations equipped with suitable resources; microfinance institutions that are structured professional viable and equipped with suitable financial resources; networks with adequate management information systems; financial services tailored to the needs of women stakeholders of the agri-food sectors and micro small and medium-sized enterprises. This project ended ahead of schedule but remains in operational status for administrative reasons.
Progress & Results Achieved
Results achieved as of March 2012 include: Microfinance institutions (MFIs) have improved their performance and coverage of underserved clients including women. A significant number of MFIs now have automated management information systems in place. The completion of asset-based valuations is facilitating mergers of small or isolated MFIs. The adoption of new procedures is enhancing the sustainability of MFIs.
Key Information
Executing Agency:
Government of Mali - Ministry of the Economy and Finances
Reporting Organization:
Global Affairs Canada
Program:
WGM Africa
Last Modified:
September 19, 2025
Development Classifications
DAC Sector:
Aid Type: Project-type interventions
Collaboration: Bilateral
Finance Type: Aid grant excluding debt reorganisation
Selection Mechanism:
Pre-APP