Miselini works mainly with women in the most disadvantaged neighbourhoods of Bamako.

Miselini is a microfinance institution created in 1993 along with financial help from the AFD (French Development Agency) and the BNDA (National Bank for Agricultural Development). It also benefited from technical assistance from the CIDR (Centre International de Développement et Recherche) from 1999 to 2002.

Miselini works mainly in the Bamako region, where 25 of its 32 agencies are located. It is also present in the cities of Sikasso, Kayes, Koulikoro and Ségou.

• As of 30 December 2010, Miselini had 35,000 members, including 15,612 active borrowers. Miselini has a loan portfolio of 3 million euros.
• Miselini is the 5th microfinance institution (MFI) in the country in number of active borrowers.
• 99% of its clients are women.

Group-based lending: Miselini’s “traditional”product

This credit product is offered to groups of six women carrying out an economic activity. It’s generally granted to pre-existing groups that had previously worked based on the traditional “tontines” model.
Selection is made by the loan officer with support from the association’s local representatives. During the initial credit cycle, average maturity is 10 months.

Since 2006, Miselini has also been offering individual loans, which are also made available to men.

A varied offer of financial products

Miselini proposes normal or fixed-term voluntary savings products as well as savings products designed to meet precise needs expressed by its clients (education, wedding, pilgrimage, etc.).

A partnership with Western Union also enables the MFI’s members to make cash remittances.

Miselini website

Support from Grameen Credit Agricole Microfinance Foundation

Grameen Crédit Agricole Microcredit Foundation has granted Miselini a 400-million CFA franc loan (equivalent to 610,000 euros), for a period of two years and nine months.

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