In 2012, Mission Alliance took a groundbreaking step in the microfinance world by establishing DMDI, the first bank of its kind in Liberia. It has not only offered essential banking services and financial education, but has also been a force for positive change by providing safer finances to people who had no access to loans or banking services. Over the years, DMDI has proven to be a vital resource for economic inclusion and independence in Liberia.

The decision to sell the bank was made because the bank's customers need an owner with greater financial capacity than Mission Alliance possesses. The sale to the investment company Bay Finance Invest, which aims to build a more sustainable and solid bank for the future, opens new doors for future growth and development.

Now, as the bank is taken over by new owners, Mission Alliance and our donors can look back with pride on the many positive ripple effects we have contributed to in the local community.

Since its inception, DMDI has been a catalyst for economic independence, which is evident in the more than 8,133 loans issued from 2016 to 2022, with an average loan size of USD 1,037. In the first half of 2023 alone, 445 loans were issued with a total value of USD 641,241. The year 2021 stood out as a banner year with 1,747 loantakers, a sign of DMDI's growing importance in the local community.

Although DMDI is now entering a new chapter with new owners, the legacy of the positive impact the bank has had on the community is indelible. We also hope and believe that the new owners will continue to create positive change for the people of Liberia.