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• 10/20/17

Written by the AKAM Market Insights Team

For more than 60 years, various agencies of the Aga Khan Development Network (AKDN) have offered microfinance services through integrated development programmes and self-standing microfinance institutions. In 2005, these programmes were brought together under the Aga Khan Agency for Microfinance (AKAM). AKAM is present in Afghanistan, Kyrgyz Republic, Pakistan, Tajikistan, Egypt, Syria, Burkina Faso, Côte d'Ivoire, Mali, and Madagascar. The underlying objectives of AKAM are to reduce poverty, diminish the vulnerability of poor populations and alleviate economic and social exclusion. AKAM does this by delivering a full range of cost-effective, client-centered financial products and services to poor and low-income households and small businesses.

AKAM adopted the PPI across its network in 2014 to assess poverty outreach and changes in its clients’ poverty levels over time. AKAM decided to use the PPI because it is a simple way to measure our poverty outreach based on the likelihoods that our client households have expenditures below a given poverty line.

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