Sanabel, The Microfinance Network of Arab Countries

📍 Egypt🗓 Founded 2002👥 18 employees💰 Last funded 2002
Non-profit Organization Management🌐 sanabelnetwork.org
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Sanabel - Microfinance Network of Arab Countries was established in 2002 by 17 founding members from 7 Arab countries as a membership-driven regional network of microfinance institutions in the Arab world. Currently Sanabel has 64 members from 12 Arab countries. It is estimated that Sanabel members are serving 2.4 million clients representing 83% of the total microfinance clients in the region. Vision: Sanabel envisions all low income people in Arab countries with access to comprehensive financial services. Mission: Sanabel advocates for growth, innovation, best practices & standardization of the microfinance sector in Arab countries. Objectives: 1. Strengthen the capacity of MFIs through needs-based training, technical assistance and peer exchanges. 2. Advocate for a positive and conducive microfinance environment and for the inclusion of microfinance in the financial sector. 3. Promote microfinance best practices among stakeholders in Arab countries through transparency, standardization, peer learning and information exchange efforts. 4. Foster innovation in the microfinance sector by researching and highlighting leading trends in technological developments, product diversification and new financial services.
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Total investors
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2002
Founded

Investors

1 investors
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Investor geography1 country
United States
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Frequently asked questions
Who invested in Sanabel, The Microfinance Network of Arab Countries?
Sanabel, The Microfinance Network of Arab Countries has 1 investors on record on gritt.io, including 1 early-stage backers.
When did Sanabel, The Microfinance Network of Arab Countries last raise funding?
The most recent investment in Sanabel, The Microfinance Network of Arab Countries recorded on gritt.io was in 2002.
When was Sanabel, The Microfinance Network of Arab Countries founded?
Sanabel, The Microfinance Network of Arab Countries was founded in 2002.
What industry is Sanabel, The Microfinance Network of Arab Countries in?
Sanabel, The Microfinance Network of Arab Countries operates in Non-profit Organization Management. Find similar Non-profit Organization Management investors on gritt.io.
Where is Sanabel, The Microfinance Network of Arab Countries based?
Sanabel, The Microfinance Network of Arab Countries is headquartered in Egypt.