The Micro Lenders Association of Namibia (MLA/ the Association) was established on 4 July 1998 in Windhoek to act as representative for the Micro Lending Industry in Namibia in consultations with the Ministry of Finance and the Namibia Financial Institutions Supervisory Authority (NAMFISA) to establish legislation for the industry.
The MLA has since its inception been the only recognized representative of the Micro Lending Industry in Namibia.
1. Be a micro lender conducting micro lending transactions in Namibia as defined in the Microlending Act No. 7 of 2018, or must be in the process of registering as a micro lender at NAMFISA in terms of the same legislation.
2. Be willing to subject itself to the Constitution of the MLA.
3. Subscribe to the Code of Conduct of the MLA.