Gambia Women's Finance Association (GAWFA)
Ms. Oley Jagne, General Manager
Phone: 220) 439-7063/4
Fax: (220) 439-7062
Email: oleyjagne@hotmail.com
Web Site: gawfa.tripod.com
Product Offerings:
Individual, solidarity and large group loans. Voluntary savings program. GAWFA uses savings for investment and for on-lending.
Network Member Since:
1987
Legal Status:
Became a regulated microfinance institution in 1996, supervised by the Central Bank of the Gambia. It is the first licensed non-bank financial institution in the Gambia
Area of Operations:
Banjul, The Gambia, (5 administrative regions of The Gambia and Greater Banjul area)
Client Base:
Low income women entrepreneurs for loans, and savings for all people
Region:
Africa
Country:
The Gambia | Data | 2009 | 2008 | 2007 |
|---|---|---|---|
| Active Clients | 48,897 | 48,350 | 47,076 |
| Borrowers | 62,579 | 20,850 | 18,628 |
| Savers | 48,897 | 48,350 | - |
| Portfolio Outstanding (USD 000) | 448 | 692 | 961 |
| Average Loan (US$) | N/A | 49 | 69 |
| Percentage of Female Clients | 96% | 96% | 96% |
Note: N/A means we don't currently have numbers for that year in that category.