The African Development Bank Group (AfDB) is pleased to announce the 2nd call for proposals of the Microfinance Capacity Building Fund (“MCBF”). Award amounts will range from US $200,000 to US $500,000 per project, depending on the activity, and will be given to approximately 6-8 awardees.
Established on July 19, 2012 by the AfDB and the Government of Spain, the objective of this fund is to scale up the capacity of the financial sector (especially microfinance institutions) for the benefit of poor and low-income people in Africa. The MCBF is also supported by the UN Capital Development Fund (UNDF), with technical guidance provided by the Consultative Group to Assist the Poor (CGAP).
AfDB invite rating and auditing agencies, financial institutions, and network associations from West and Central Africa to apply.