KfW IFC Microfinance Initiative for Asia (MIFA)

Over the next three years, at least 30 projects will be implemented in more than 12 Asian countries to provide financial services for small and micro enterprises. In the context of this initiative more than 30 projects with a total investment volume of up to EUR 800 million are to be jointly implemented by the IFC, KfW and other investors in over 12 Asian countries in the next three years. A broad range of promotional methods is being used. The main focus of the Microfinance Initiative is on the built-up and expansion of first-class microfinance institutions and on linking them to the local and international financial markets via microfinance investment funds.