Concord Times (Freetown)
Rachel Horner
17 April 2008
National commission for social action (NaCSA), European Union and Bizclim Tuesday concluded a two-day micro-finance assessment conference at the Bintumani Hotel in Freetown.
The objective of the conference was to present to stakeholders the results of the assessment of the microfinance sector in the country and recommendations for further support towards its development.
Speaking to journalists, chairman of Sierra Leone association of microfinance institutions Santigie Kanu said the network of microfinance providers and practitioner's acts as an independent forum, in coordination with domestic and international government bodies.
"Its mission is to support the development of professionally-sound microfinance institutions in Sierra Leone through capacity-building activities, liaison with the Government to improve the regulatory and policy environment," he said.
Alfonso Campbell on behalf of the organisation said they have been giving technical assistance support that ranges from in-house coaching, to carefully prepare local, regional and international training programmes, study tours to other microfinance and Central Banks.
He said they are establishing building blocks needed for the development of an inclusive financial sector in Sierra Leone with microfinance as an integrated part of the financial system.
Officer in charge of microfinance programme at NaCSA Francess Kondeh said they have been delivering sustainable small-scale financial services to the poor throughout the country by improving the institutional capacity and performance of micro-finance service providers.
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