Alliance Microfinance (AMAS) is a non-profit limited liability company fully owned by the Norwegian Mission Alliance. The objectives are to contribute to the betterment of the life situation of poor and disadvantaged people in developing countries by helping them to gain access to financial services, in order to get started with micro enterprises as part of a “self-help” strategy.
As a value-driven Christian organization AMAS adheres to the industry standard Client Protection Principles, and performs periodic monitoring of these principles. AMAS provides data to MFTransparency in all countries where transparent interest rate pricing information is published. In addition, we take the welfare of children extremely seriously and all loan officers are trained in both the Client Protection Principles and the national laws regarding child labor. This involves active monitoring of practices of both staff and the families which we lend to, identification of high-risk clients, periodic monitoring and public reporting of our performance.In addition we capture “Progress Out of Poverty Index” (PPI) data of all clients. AMAS wants to take a lead in the
microfinance sector in terms of enforcement of ethical treatment of clients and their children.