CGAP, together with its partners the Michael & Susan Dell Foundation, the Ford Foundation, and the Social Performance Task Force (SPTF), is launching the first Social Performance Reporting Award.

The award, powered by the MIX is designed to promote greater transparency in MFIs’ social performance. The Award recognizes transparency in social performance reporting, not social performance achievements. Performance indicators, such as return on assets, portfolio at risk, or operating efficiency, will not be considered.

Sanabel is recruiting a Training Manager, to be based in Cairo, Egypt, who will be responsible for designing and implementing a business plan and strategy for the Training Department.  The Training Manager will be expected to manage the development / updating and delivery of microfinance courses in various disciplines. 

Click here for complete job description.

Sanabel and Grameen-Jameel are pleased to introduce a new awards program that recognizes Arab microfinance institutions who demonstrate excellence in the following areas:  1) Innovation; 2) Leadership; and 3) Sustainable Growth.  Award winners will be announced at the Sanabel Seventh Annual Conference in 2010.  Award winners will be receiving cash prizes from Grameen-Jameel in recognition of their accomplishments.

Reef Finance joined the network as an affiliate member.

Reef Finance was registered as a not-for-profit company in Gaza on June 2, 2007 under the registration number of 563143734, working in the West Bank and Gaza.

The vision of Reef Finance is "We seek to integrate the Palestinian rural areas in the microfinance services in order to strengthen its developmental role through establishing the first Palestinian Rural Bank.

Al Amal Microfinance Bank joined Sanabel as an affiliate member.

Al-Amal Microfinance Bank was established by the Law (23) for the year 2002, as the first Microfinance Bank in Yemen. The bank was an outcome of the efforts of the Yemeni Government represented by the Social Fund for Development (SFD), the Arab Gulf Program for United Nations Development Organizations (AGFUND), and the contribution of the Private Sector.

Al-Amal Bank tends to providing poor clients engaged in productive activities (micro-entrepreneurs) with small and micro-loans to help them to grow their businesses.