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Review of International Experience
The Legal and Regulatory Framework
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ACCION International ADCSI Addis Ababa AEMFI AEMFl African Development Bank assessed MFIs Association of Ethiopian AVFS BancoSol Bangladesh Bank of Ethiopia Birr board members Boards of MFIs Bolivia branches buy shares capital challenge Code of Ethiopia commercial banks Commercial Code credit programs DECSI and Omo dividend documents of incorporation donors ensure equity Eshet established Ethiopian Microfinance Institutions financial services Finansol form of organization Gasha Grameen Bank IFAD individuals initial investment issue K-REP Kebele lack legal framework licensed loan major memorandum of association MFI boards MFI's MFIs assessed MFIs in Ethiopia MFIs studied Mibanco mobilize savings Mohamed Yunus mother NGO owners ownership structure policies portfolio preference shares private investors problem Proclamation PRODEM profit regional governments responsibilities risk rural sector SEYA share companies shareholders Sidama sponsoring NGOs sub-branches target clients transfer of shares types of shares Wolday Amha Woreda