Supporting and training micro-, small-, and medium-sized enterprises in Afghanistan, which comprise 80 percent of the labor force, has strengthened the country’s financial sector.
Final Report: Financial Access for Investing in the Development of Afghanistan (FAIDA).
Project Report | February 5, 2017
The Financial Access for Investing in the Development of Afghanistan (FAIDA) project worked across six components — Enterprise, Banking, Regulatory, Better than Cash, Agribusiness South, and Gender — to build Afghanistan’s financial sector holistically.
In 2011, in line with calls to strengthen Afghanistan’s financial profile, USAID launched the Financial Access for Investing in the Development of Afghanistan Activity (FAIDA), to assist the Afghan government in developing Afghanistan’s financial infrastructure and its private sector. FAIDA, which means “profit” or “benefit” in Dari, Pashto, and Urdu, focused on creating a sustainable, diverse, and inclusive financial sector and, in particular, a financial sector that could serve micro, small, and medium-sized enterprises (MSMEs) — which represent the majority of business endeavors in Afghanistan.