According to FMO website, FMFB-A is the largest MFI and among the top five commercial banks in Afghanistan operating across 76 districts and 14 provinces with 48 outlets serving 55,000 borrowers and 115,000 depositors. The project will enhance the balance sheet of the institution through diversified and stable funding. FMFB-A projects to grow rapidly in the coming years, mainly in the MSME sector and funding is required to finance the institution's growth. Further, FMO through MASSIF supports a financially sound institution that is a leading financial services provider in one of the most non-inclusive parts of the world. FMFB-A contributes to poverty alleviation and economic development through the provision of sustainable financial services to micro and small businesses, and households.
No contact information provided at the time of disclosure.
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/