On January 30, 2013, Sanabel, an Egypt-based nonprofit network of microfinance institutions in Arab countries, announced Sahar Tieby as its new executive director, succeeding Ranya Abdel-Baki, Sanabel’s executive director since October 2009. Ms. Tieby has 20 years of microfinance experience with the following organizations: World Bank, UNICEF (United Nations Children’s Fund), CGAP (Consultative Group to Assist the Poor), Save the Children, CHF International, Chemonics Inc. and the International Training Centre of the International Labour Organization (ITC-ILO).
As of 2011, Sanabel reported total operating expenditures of USD 800,000. As of 2012, Sanabel had 89 member institutions from 13 countries, serving 2.8 million clients.
By Lena Phillips, Research Associate
About Sanabel
Sanabel is a nonprofit organization dedicated to advancing Arab microfinance. It is a network of microfinance institutions (MFIs) in Arab countries that was established in 2002 by 17 founding members from seven countries. In 2004, Sanabel was incorporated and registered as a nonprofit organization in both Atlanta, in the US state of Georgia, and in Cairo, Egypt, where it is headquartered. As of 2011, Sanabel reported total operating expenditures of USD 800,000. As of 2012, Sanabel had 89 member institutions from 13 countries, serving 2.8 million clients.
Sources and Additional Resources:
Sanabel- The Microfinance Network of Arab Countries Announcement: http://c.na5.content.force.com/servlet/servlet.EmailAttachmentDownload?q=FA6BSnJFDEJif3AqXhf%2BkFEcZuEZ6RHneKeB5KiofCt049uBMdz%2FgkKJoqDXt9ygVf2F7ji%2Fw%2BjBeZ4hKnVJ8Q%3D%3D
MicroCapital.org Article, 29 August 2012: “MICROCAPITAL BRIEF: Sanabel Launches ‘Shafafeya’ Transparency Program for Arab Microfinance Institutions,” https://www.microcapital.org/microcapital-brief-sanabel-launches-shafafeya-transparency-program-for-arab-microfinance-institutions/#more-19965
MicroCapital.org Article, 8 October 2012: “MICROFINANCE EVENT: Sanabel Hosts Ninth Annual Conference, Khartoum, Sudan, October 31 – November 2, 2012,” https://www.microcapital.org/microfinance-event-sanabel-hosts-ninth-annual-conference-khartoum-sudan-october-31-november-2-2012/#more-20380
MicroCapital Universe Profile: Sanabel, http://microcapital.org/microfinanceuniverse/tiki-index.php?page=Sanabel
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