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What does MUFFA stand for ?
MUFFA, Mutuelle Financière des Femmes Africaines, is a micro finance institution aimed at providing financial services and products adapted to low income women or to women of the informal sector in urban and suburban areas. MUFFA was set up by an association of women entrepreneurs known as WINC (Women Investment Club) who decided to join ADAF in their effort for the economic advancement of the underprivileged.
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The principal missions of the MUFFA are of :
- To combat the poverty by the improvement of the living condition of the woman
- To combat unemployment of the women
- To develop the female activities
- To support the woman in the entrepreunariat
The need for promoting the MUFFA rises from certain observations raised in the African companies :
- Numerical superiority of the women in the majority of the populations of the countries of sub-Saharan Africa : it constitutes of it more half
- their important role in the family : they are the pillar because, principal provider of the basic needs for their family
- their marginalisation by the structures of economic promotion although being dynamic economic agents
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- Solidarité
- Equité
- Intégrité
- Engagement
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MUFFA Yaounde building
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MUFFA Bafoussam Building |
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MUFFA Buea Building |
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