HEDERA Sustainable Solutions Launches a Survey to Assess Green Microfinance in the MENA Region

HEDERA Sustainable Solutions has launched a survey on green microfinance in the MENA region, and invites all active MFIs to respond before 10 August.

The survey, sponsored by the SANAD Fund for MSME’s Technical Assistance Facility, aims to gain a better understanding of the sector’s current level of development, MFIs’ green microfinance needs, and the extent to which MFIs are complying with local and international standards and regulations.

The resulting publication will form the basis for selective follow-up technical assistance on green microfinance.

Contributors will also receive an invitation to a Greening MFIs Workshop in the first week of September and access to materials on the topic.

The survey takes less than 15 minutes and will be instrumental in highlighting how we can make the microfinance sector and its clients more resilient to the effects on climate change. It will also inform practitioners on the opportunities that green microfinance provides, such as new financial products and the expansion of client bases. The survey is a series of questions on general strategy and actions of the MFI. There is no detailed financial or numerical data required on the institution, and we will anonymise all contributions.

For any questions and if you would like to provide inputs and an expert or practitioner please email natalia@hedera.online

HEDERA Sustainable Solutions GmbH (HEDERA) develops digital solutions to support microfinance institutions (MFIs) and impact investors in their impact data management processes, including data collection, analysis, reporting, and monitoring.

The SANAD Technical Assistance Facility (TAF), an independent structure within the SANAD Fund for MSMEs works closely with partners of the fund to conduct projects that equip the fund’s beneficiaries with the knowledge and tools necessary to best serve – and improve the potential of – entrepreneurs. The TAF also develops the capacity of the financial sector across the region, and in some cases works directly together with entrepreneurs to help them succeed in their business.