MISFA definition

MISFA means the Microfinance Investment and Support Facility for Afghanistan, referred to in Part A.2 (b) of Schedule 4 to this Agreement, which will manage Project funds and provide the required coordination and support.
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MISFA means the Microfinance Investment Support Facility for Afghanistan Ltd., a non-distributive non-shareholding state owned company, established and operating under the Recipient’s 1955 Commercial Code, and duly registered under Registration No. D-24124; which company shall serve, for purposes of this Project, as the Recipient’s microcredit “apex” institution.
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MISFA means the Microfinance Investment and Support Facility for Afghanistan, referred to in Part A.2 (b) of Schedule 4 to this Agreement, which will manage Project funds and provide the required coordination and support;
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Examples of MISFA in a sentence

  • By not later than one year from the date of effectiveness of this Agreement, MISFA shall have designed and implemented, or caused the MFPs to implement, a social performance monitoring system based on the data collected during the household baseline study carried out by MISFA in mid-2007, provided the Recipient has established a poverty line.

  • Without limitation on the provisions of Part A of this Section, MISFA shall prepare and furnish to the Recipient not later than forty five (45) days after the end of each calendar quarter, interim unaudited financial reports for the Project covering the quarter, in form and substance satisfactory to the Association for incorporation and forwarding by the Recipient to the Association as part of the overall interim unaudited financial reports.

  • The Recipient shall cause MISFA to ensure that any land required for the carrying out of any eligible Subproject shall have been acquired by, or otherwise made available to, the respective Microcredit Recipient on a voluntary basis.

  • MISFA shall monitor and evaluate the progress of the Project and prepare Project Reports in accordance with the provisions of Section 4.08 of the General Conditions and on the basis of the indicators agreed with the Association.

  • The Recipient shall cause MISFA to ensure that the Project be carried out with due regard to sound health-safety, social and environmental practices, standards and principles, as reflected in the Environmental Assessment Framework and the Recipient’s applicable laws and regulations (including the Law on the Preservation of Afghanistan’s Historical and Cultural Heritages – Official Gazette No. 828, 1383/02/31).

  • The Project Implementing Entity’s Representative is the Managing Director of MISFA.

  • During the period of implementation of the Project, MISFA shall: (a) carry out a minimum of two (2) case study based reports (at the first and third year of implementation of the Project), with terms of reference satisfactory to the Association, addressing the mainstreaming of gender concerns and/or any existing gender barriers/disparities for women to access microcredit financing; and (b) upon completion thereof, promptly share each such reports with the Association.

  • The membership of MISFA shall include: (i) the Project Manager; (ii) a Field/Monitoring Officer; (iii) a Financial Management/Accountant; and (iv) one Support Staff.

  • The program has advanced innovations in Islamic microfinance, worked across the financial sector and supported MISFA through consistent, high-quality service.

  • The Project Director shall oversee the operations of MISFA and assist MRRD in the carrying out of its functions under the Project.


More Definitions of MISFA

MISFA means the Microfinance Investment Support Facility for Afghanistan, which was set up in 2003 as an independent apex organization that provides wholesale financing and other support to microfinance providers in Afghanistan; MISFA operates independently but is owned by the Afghan Ministry of Finance.
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