How we fund our microfinance operations
Through a gradual process of reducing dependency on external funds, Mero Microfinance has a long-term plan to increase savings from its members. The organisation has recently obtained share equity and borrowing funds from its promoter banks to strengthen its capital base.
Mobilising savings from enrolled group members as a sustainable internal funding source.
Share equity and credit facilities from 7 commercial banks and 1 development bank.
Wholesale lending from development finance institutions and lender networks.
Revenue generated through remittance and allied financial services.