More on Techincal Assistance
NMI believes that technical assistance is crucial in supporting the growth and sustainability of emerging MFIs. Technical assistance provided through the NMI TA Facility seeks to assure that emerging MFIs and their management teams will be able to execute their business plans successfully, meet their growth and expansion targets, achieve their projected development impacts, and ultimately achieve financial and organizational sustainability.
Technical Assistance from the Facility is available to emerging MFIs in which the Frontier Fund and Fund III invests directly.
The NMI TA Facility operates and is funded under a grant from NORAD (the Norwegian Development Agency). Since its establishment in 2010, the NMI TA Facility has implemented more than 20 TA projects.
The main areas of technical assistance are presented in the graph below:
The Facility encourages the participation and involvement of local TA service providers from regions and countries where the NMI Funds invest. This encourages and strengthens the development of local and regional expertise and know-how.