MICROCAPITAL BRIEF: Sanabel Launches “Shafafeya” Transparency Program for Arab Microfinance Institutions

Sanabel, an Egypt-based nonprofit organization dedicated to advancing Arab microfinance, recently launched a transparency program called “Shafafeya” that produces comparative analysis, trend analysis and financial highlights of the microfinance sector in the Arab world. The program offers the following three data sets: financial information on the sector in Arab countries; comparative analysis among microfinance institutions (MFIs) within specific time frames; and trend analysis of MFI performance. Shafafeya includes approximately 100 indicators for the performance of MFIs in Egypt, Jordan, Iraq, Lebanon, Morocco, Palestine, Sudan, Syria, Tunisia and Yemen during 2009 and 2010.

Sanabel currently has 89 member institutions from 13 countries, serving 2.8 million clients.

By Mihaela Grindeanu, Research Associate

About Sanabel: Sanabel is a nonprofit organization dedicated to advancing Arab microfinance. It is a network of microfinance institutions (MFIs) in Arab countries that was established in 2002 by 17 founding members from seven countries. In 2004, Sanabel was incorporated and registered as a nonprofit organization in both Atlanta, in the US state of Georgia, and in Cairo, Egypt, where it is headquartered. Sanabel has organized an annual microfinance conference since 2003. Sanabel currently has 89 member institutions from 13 countries, serving 2.8 million clients.

Sources and Resources:

Sanabel Network story: “Sanabel launches “Shafafeya” transparency program for comparative and financial trend analysis of the microfinance sector”, http://www.sanabelnetwork.org/News/NewsDetails.aspx?id=1381

MicroCapital.org story, August 11, 2011: “MICROCAPITAL BRIEF: Microfinance Portfolio Risk Jumps in Tunisia, Egypt, As a Result of Political Unrest”, https://www.microcapital.org/microcapital-brief-microfinance-portfolio-risk-jumps-in-tunisia-egypt-as-a-result-of-political-unrest/

MicroCapital.org story, May 10, 2011: “MICROFINANCE EVENT: Sanabel Microfinance Network of Arab Countries to Host Eighth Annual Conference, Amman, Jordan, June 7 – June 9, 2011”, https://www.microcapital.org/microfinance-event-sanabel-microfinance-network-of-arab-countries-to-host-eighth-annual-conference-amman-jordan-june-7-june-9-2011/

MicroCapital Universe Profile: Sanabel, https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Sanabel

Browse the MicroCapital Universe and add your entry to the wiki at: https://www.microcapital.org/microfinanceuniverse/

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