Namibia’s economy is strongly linked to the mining commodities and the country’s GDP varies according to the commodities demand maintaining therefore a risky dependency. Recent years have shown an effort by the central government in cooperation with foreign aid to diversify the economy, stimulating activities linked to agriculture, tourism and small commerce in the rural areas situated in the very poor Northern regions. Starting in the 90s, the development of microfinance programs supported by local or foreign NGOs and by foreign banks cooperatives has been particularly active in Northern Namibia. Unfortunately this effort has not produced visible results so far and the level of financially excluded is not reducing. It is possible that although tourism and small commerce have partly benefited from this aid, the agriculture sector (where most of the people are employed) has suffered from lack of investment therefore driving a poor performance. More need to be done by microfinance institution in the North to include the excluded, probably focusing more on investment in the agricultural sector, with a special focus to indigenous species that are associated to a higher market value.