LMFA

Lao Microfinance Association

Agriculture, Forestry & Rural Development ,
Economics, Information, Culture & Tourism ,
Education & Sports

Attapeu ,
Bokeo ,
Bolikhamxay ,
Champassak ,
Houaphanh ,
Khammouane ,
Luang Namtha ,
Luang Prabang ,
Oudomxay ,
Phongsaly ,
Salavan ,
Savannakhet ,
Sekong ,
Vientiane Capital ,
Vientiane Province ,
Xayaboury ,
Xiengkhouang

Vision

The majority of Lao people have access to fair and sustainable financial services to reduce vulnerability, enabling them to be resilient and self-reliant.

Mission

To support microfinance and rural finance practitioners in achieving their financial, social, and environmental sustainability goals, and to enhance collaboration among various stakeholders.

Main Goal

Capacity Building: Providing training on microfinance management, financial literacy, business planning, and offering technical support to village funds.
Knowledge Development: Conducting studies and research, and monitoring the performance of its members.
Coordination and Client Protection: Acting as a coordinator between various stakeholders, sharing information, and promoting adherence to ethical practices.
Organizational Development: Ensuring the sustainability of the association itself, developing strategic plans, and building the capacity of its staff and board.

Amone Village, Xaysettha District, Vientiane Capital, Lao PDR (P.O. Box: 4030)

The predecessor of the Lao Microfinance Association (LMFA), the Microfinance Working Group for the Lao PDR (MFWG), was founded in May 2007 by a group of microfinance practitioners as an informal platform to exchange experiences and represent the interests of the microfinance sector. In October 2013, the MFWG obtained a temporary license as a non-profit association (NPA) from the Ministry of Home Affairs, and its name was changed to the Microfinance Association (MFA). The association received its permanent license in mid-August 2018.

Priority Areas: