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Afghanistan | Islamic Finance

The Rural Finance and Cooperative Development (RUFCOD) program is developing Islamic investment and finance cooperatives (IIFCs) to increase financial access primarily in southern and eastern Afghanistan. Small- and medium-scale business owners, farmers, women and low- and medium-income households receive finance through the IIFCs. Agricultural and SME Finance. 2015 World Council of Credit Unions, Inc.

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Afghanistan | Islamic Finance | islamicfinance.woccu.org Reviews
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The Rural Finance and Cooperative Development (RUFCOD) program is developing Islamic investment and finance cooperatives (IIFCs) to increase financial access primarily in southern and eastern Afghanistan. Small- and medium-scale business owners, farmers, women and low- and medium-income households receive finance through the IIFCs. Agricultural and SME Finance. 2015 World Council of Credit Unions, Inc.
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1 islamic finance
2 afghanistan
3 world council
4 program overview
5 iifc network
6 impact
7 news and events
8 funders
9 success stories
10 coupons
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Afghanistan | Islamic Finance | islamicfinance.woccu.org Reviews

https://islamicfinance.woccu.org

The Rural Finance and Cooperative Development (RUFCOD) program is developing Islamic investment and finance cooperatives (IIFCs) to increase financial access primarily in southern and eastern Afghanistan. Small- and medium-scale business owners, farmers, women and low- and medium-income households receive finance through the IIFCs. Agricultural and SME Finance. 2015 World Council of Credit Unions, Inc.

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1

Success Stories | Home

http://islamicfinance.woccu.org/afghanistan/rufcod_testimonials

Afghan widow gains working capital to cultivate dormant fields. Disabled man opens new business. Seamstress grows business, hires more women. Agricultural and SME Finance. 2016 World Council of Credit Unions, Inc.

2

News & Events | Home

http://islamicfinance.woccu.org/afghanistan/rufcod_newsevents

The IIFC Group has successfully obtained membership in the Afghanistan Microfinance Association (AMA). This organization is the national network of MFIs in Afghanistan and plays a significant role in promoting the microfinance sector in the country. USAID representatives visited the province to assess the operations of the Marjah IIFC. In spite of security concerns, a new IIFC has opened for business in Marja district. 45 new members joined the Nangarhar IIFC. 34 new individuals joined the Baghlan IIFC.

3

Program Overview | Home

http://islamicfinance.woccu.org/afghanistan/afghanistan/rufcod_programoverview

The Rural Finance and Cooperative Development (RUFCOD) program is developing member-owned and operated credit unions, known as Islamic investment and finance cooperatives (IIFCs), to increase financial access. The program is focused on improving the living conditions and livelihoods of small- and medium-scale business owners. And low- and medium-income households. World Council is working in partnership with Afghan leaders to:. Establish additional IIFCs in the southern and eastern provinces. Increase th...

4

Funders | Home

http://islamicfinance.woccu.org/afghanistan/rufcod_funders

The US. Agency for International Development (USAID) is an independent agency that provides economic, development and humanitarian assistance around the world in support of the foreign policy goals of the United States. USAID is funding the Rural Finance and Cooperative Development (RUFCOD) program to develop Islamic investment and finance cooperatives (IIFCs) to increase financial access among small- and medium-scale business owners, farmers, women and low- and medium-income households primarily...

5

Islamic Finance | Home

http://islamicfinance.woccu.org/afghanistan/rufcod_islamicfinance

In some societies, the design and delivery of financial products and services is shaped by local customs, religious beliefs and the environment. Successful financial sector development in a predominately Muslim country often requires the application of Islamic Law and its guiding principles, as it has with WOCCU's financial cooperative development experience in Afghanistan. The cooperative nature of credit unions translates well to Islamic finance:. Islamic Financial Cooperative Principles. Islamic finan...

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Financial Inclusion | World Council of Credit Unions

http://www.woccu.org/financialinclusion

What is a Credit Union? International Credit Union System. Credit Unions for Cuba. Comment Letters and Position Papers. World Credit Union Conference. International Credit Union (ICU) Day. Worldwide Foundation for Credit Unions. Global Women's Leadership Network. Young Credit Union People. Young Adult Membership Growth. Cooperative Development Program (Guatemala, Mexico and Kenya). Credit Unions: A Self-Sustaining Development Solution. Combating poverty through access to financial services. April 17, 2015.

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The Rural Finance and Cooperative Development (RUFCOD) program is developing Islamic investment and finance cooperatives (IIFCs) to increase financial access primarily in southern and eastern Afghanistan. Small- and medium-scale business owners, farmers, women and low- and medium-income households receive finance through the IIFCs. Agricultural and SME Finance. 2015 World Council of Credit Unions, Inc.

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