Pemba, Mozambique, 8 May 2010 – The First MicroBank Mozambique (FMB-M) was inaugurated today, in a ceremony attended by President Armando Guebuza of Mozambique and Governor Eliseu Machava of Cabo Delgado.
Other officials included Mr. Nazim Ahmad, Representative of the Aga Khan Development Network (AKDN) in Mozambique, Mr. Jacques Toureille, the General Manager of the Aga Khan Agency for Microfinance (AKAM), as well as members of the local and provincial government, officials from the Central Bank, members of the diplomatic corps in Mozambique, and senior staff from the AKDN and its agencies.
More: http://www.akdn.org/
The Aga Khan Foundation, currently, is present in five districts of Cabo Delgado, supporting about 22 thousand households or over 120,000 direct beneficiaries, through rural development programs that cover the areas of agriculture, livestock development, education, health the offspring of income, entrepreneurship, civil society, gender equality, care for orphans and vulnerable children, environment, water and sanitation.
Excerpt source – translated from Portuguese.
Ismailimail 