Some key actions

1- MC²

MC²s are rural development Microfinance Establishments set up and managed by populations living in the areas where they are implanted, with the technical assistance of ADAF and the sponsorship of Afriland First Bank. The first MC² was created in 1992 and as of 2006, 65 MC² are fully operational all over Cameroon and 30 more are under creation. Over 500 000 people (members and groups) are today directly involved in MC²s.

2- MUFFA

MUFFA is a 1st category microfinance institution aiming at providing financial services to low income women of the informal sector living in urban and semi-urban areas. MUFFA is created and managed by women, with the technical assistance of ADAF and under the sponsorship of Afriland First Bank. The first MUFFA unit was created in Yaounde in 1998. As of 2006, there are 3 operational units, with over 5 000 individual members, that is at least 10 000 people involved.

3- MIT FUND (Micro Trust Fund)

MIT FUND is a venture capital fund for micro projects developed in consultation with ADAF, with a view to meeting the financing needs of micro enterprises. MIT FUND also receives assistance from partners such as First Bank, CORDAID, GTZ, etc. Since its creation in 2000, MIT FUND has financed close to 300 projects.

4- Health Schemes

ADAF has embarked on the promotion of Mutual Health Organizations within the MC² network, so as to enable easy access to quality and affordable health care. The first health scheme of the network was created at Doumbouo (Dschang) on 27 January 2006 under the sponsorship of MC² Doumbouo and the technical support of ADAF. Similar projects are in the pipeline.

5- Multimedia Community Centres

ADAF also ensures the promotion of C²Ms (Multimedia Community Centres) around MC²/MUFFA, to facilitate people's access to ICTs (Information and Communication Technologies). As of 2006, five (05) Centres have already been created in communities such as Bafia, Banyo, Baham, Mokolo, Makak and similar projects are under completion elsewhere.