AKDN IN
Madagascar
The Aga Khan Development Network (AKDN) in Madagascar works through an ongoing collaboration between the Aga Khan Foundation (AKF) and the Aga Khan Agency for Microfinance (AKAM), which operates in both rural and urban contexts in various parts of the country, working across agriculture, nutrition, climate adaptation, access to finance, improving value chains, and creating market linkages.
80,000
The success of the Aga Khan Foundation’s rice farming programme in Sofia, Madagascar has now reached 80,000 farmers and their families and is being scaled up to reach a majority of the rice cultivators in the country.
10,000
There are 13 branches of AKDN’s microfinance bank (Premiere Agence de Microfinance) in the Sofia region of Madagascar, which on average disburses 10,000+ loans per year.
17 million
AKDN offers a range of financial services from community-based savings groups to corporate banking to life insurance. These services are used by 17 million people each year.