DMA, the Development Microfinance Association is a not-for-profit organisation that supports the work of development microfinance institutions (DMFIs) in South Africa.
Our DMFI members provide microcredit, training and related support to poor individuals for developmental purposes – primarily to create and build microenterprises but also for low-income housing and other needs.
Our definition of “pro-poor” finance means meeting needs to improve lives, while doing no harm. DMA members strive to offer professional, well-designed, market-based products and programmes that make a positive difference in the lives of the poor. Profit is not the main goal although long-term operational sustainability of each member organisation is an important and necessary goal.
The majority of DMA members are Section 21 not-for-profit organisations. As part of the pro-poor commitment, our members measure performance not only in terms of microloans distributed and repaid but also in terms of development impact on clients and their families. All DMA members are registered with the National Credit Regulator.