AMA is the national network of Development Finance Institutions (DFIs) in Afghanistan. It was established in 2005 by the Microfinance Investment Support Facility for Afghanistan (MISFA), microfinance practitioners and other stakeholders. AMA was registered with the Ministry of Justice of Afghanistan in 2007.
In 2011, AMA was revived through the support of USAID’s Financial Access for Investing in the Development of Afghanistan (FAIDA) project, and the continued backing of MISFA. Since its revival, AMA restructured its governance and management systems, expanded its membership to go beyond microfinance institutions and include other types of development finance institutions, such as community-based savings promoting institutions (CSPI) and SME lenders.AMA also branded itself as an association that promotes the broader development finance sector in Afghanistan (as opposed to limiting its scope to only the microfinance sector).
Since 2009, AMA was enrolled as a member of the South Asian Micro-entrepreneur Network (SAMN), and upon its revival, it stepped up its membership, serving as director of the board of SAMN.In 2012, AMA also became a SEEP member. Currently AMA is being supported by MISFA and USAID’s FAIDA project.