logo
logo

News Update:

Home » About Us

About Us

About Us
Click to Enlarge

Center for Microfinance (CMF), Nepal www.cmfnepal.org was established in July 2000 to strengthen the capacity of microfinance institutions and enable them to provide savings, credit and other financial services to the poorest of the poor families, especially women as a focal point. CMF runs a wide range of programs designed to meet the emerging needs of microfinance institutions and its members. CMF engages in training, technical assistance, advisory services, research, knowledge management, policy advocacy, publication and documentation, dissemination of  best practices and networking among its shareholding, strategic, and associate members in partnership with national and international development organizations to promote the microfinance sector and establish a strong market system in place. CMF's Articles of Association 13 (f) states that the surplus earned by the organization shall not be distributed as dividends to the shareholding members. Rather, such profits shall be deployed for the development of microfinance sector and poverty alleviation programs and CMF shall remain a not-for-profit organization.

Originally, CMF was a project implemented by Canadian Centre for International Studies and Cooperation (CECI) funded by USAID and Ford Foundation in 1998-2000. CMF is transformed from the project to an autonomous, privately owned national network organization that works to strengthen microfinance sector and its member associations, institutions and individuals with a vision of "sustainable access to microfinance services for the poor".