Membership

DMA, the Development Microfinance Association, is a not-for-profit association committed to pro-poor development microfinance.

Standard Membership is for providers of development microcredit. Benefits include:

  • Private, quarterly, knowledge-sharing meetings at the management level, including open discussion and review of best practices, new technologies and common issues
  • Opportunities for joint training, cooperation and capacity building
  • Opportunities for joint advocacy or representation at the national level
  • Increased visibility and awareness of your organisation (and our shared mission in general) through the DMA website and educational/networking efforts
  • Easier access to contacts and other information from DMA members and associate members
  • The right to be elected to DMA’s Executive Committee
  • The right to speak and vote at Annual General Meetings

 

Associate Membership is for interested institutions, academics or practitioners who give support to development microfinance institutions in South Africa. We want you to be involved and help us grow this sector. Please contact us if you are interested. Benefits include:

  • Increased visibility and awareness of your organisation (and our shared mission) through the DMA website and educational/networking efforts
  • Access to the DMA membership contact list
  • Opportunity to propose agenda items for the standard membership meetings; associate members’ participation in the standard membership meetings is by special invitation only
  • The right to observe Annual General Meetings and to attend any associated networking events, by invitation

To be eligible for Ordinary Membership an organisation must:

  • Have a formal mission that includes social performance goals and that is in line with DMA’s ideals
  • Have microfinance as a core business, delivering services directly to the poor for development purposes
  • Be a registered legal entity in South Africa and a registered financial services provider, including supplemental registration with the National Credit Regulator as a provider of developmental credit (NPO and PBO status is typical but not necessarily required)
  • Be operational for more than 6 months
  • Be committed to DMA’s Code of Conduct
  • Ensure annual audit by a registered auditor
  • Complete an application form and be approved as a new member by DMA’s Executive Committee or Annual General Meeting
  • Pay DMA membership fees, once approved as a member

 

Membership Fees

Category Size of Organisation Annual fee
A More than R50 million loan book R60 500
B Between R25 million and R50 million loan book R30 250
C Between R10 million and R25 million loan book R21 780
D Between R5 million and R10 million loan book R14 520
E Between R2.5 million and R5 million loan book R8 470
F R0 – R2.5 million loan book R3 300

 

Associate Membership Fees

Institutions – R2200, Individuals – R550

Please note: Fees are due in March. Payments may be done in installments if a member is not in a position to pay at once

 

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