English | دری

Afghanistan’s Insurance Association receives funds from USAID-FAIDA

in Afghan Business

Afghanistan’s Insurance Association receives funds from USAID-FAIDA

The Financial Access for Investing in the Development of Afghanistan (FAIDA), which works within the framework of the United States Agency for International Development (USAID), has awarded a grant to Afghanistan’s Insurance Personnel Association (AIPA).

AIPA is a recently established association of Afghanistan’s insurance companies which works towards building the capacity of insurance professionals and raises awareness about insurance.

The Association consists of representatives from the Afghan National Insurance Company (www.anic.gov.af), Insurance Corporation of Afghanistan (www.icaaf.com), Insurance Group of Afghanistan (www.igoaf.com) and Afghan Global Insurance (www.afghanglobalinsurance.com).

Financial Access for Investing in the Development of Afghanistan (FAIDA) seeks to build a sustainable, diverse, and inclusive Afghan financial sector that can generate and sustain quality employment, and meet the needs of businesses of all sizes. The $108 million program began in February 2011 and ends in February 2016.

FAIDA activities are helping Afghan state and financial institutions develop a legal framework to foster economic growth and generate employment opportunities. The project also is providing business development training to female entrepreneurs to access financing to grow their businesses.

For more information about FAIDA’s activities please visit the following link:

http://www.usaid.gov/news-information/fact-sheets/financial-access-investing-development-afghanistan-faida



Related Articles

Herat farmers to receive improved seeds and fertilizers

Cooperative societies would distribute 152 tons of wheat seed and 456 tons of fertilizers to farmers in Herat this month.

Government yet to fulfill its promise of reconstructing the Band-e-Sultan Dam

Southern Ghazni’s residents urged the government to kick off the reconstruction work on the Band-e-Sultan Dam. The government had promised

Herat roads to be asphalted for USD 31.6m

Two contracts for asphalting two roads in heart, measuring more than 100km, has been signed by Public Works Minister Najibullah

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.