During the last quarter of 2020, the Grameen Crédit Agricole Foundation continued its financing efforts with its European partners, consolidating its position in a region that represents 18% of its outstanding loans. In Bosnia and Herzegovina, the microfinance institution Mikra was granted a new loan of €1.2 million over a period of three […]
In the last quarter of 2020, the Grameen Crédit Agricole Foundation granted a new loan to the microfinance institution Salym in Kyrgyzstan. Founded in 2007, Salym aims to support income-generating activities to improve the living standards of disadvantaged populations. In December, the Foundation granted it a new loan of […]
During the last half of 2020, the Grameen Crédit Agricole Foundation completed three new financings in sub-Saharan Africa, notably in Benin and Malawi, in addition to the two loans granted in Zambia to MLF Zambia and EFC Zambia. In Benin, the Foundation granted a new loan to the microfinance institution ACFB for […]
The Grameen Crédit Agricole Foundation is continuing its investments in East Africa with a first local currency loan equivalent to €1.5 million granted to the Entrepreneurs Financial Centre (EFC) microfinance institution in Zambia, over a period of three years. EFC is a microfinance institution founded with the intention of providing […]
Hélène Keraudren Baube & Edouard Sers, Grameen Crédit Agricole Foundation To overcome the effects of this unprecedented health and economic crisis, the Foundation has had to innovate, adapt, and collaborate with other key players in the inclusive finance and social impact entrepreneurship sectors. This cross-functional effort involves all teams […]
By Devesh Sachdev, CEO, Fusion The microfinance model of providing small, unsecured loans to “bottom of the pyramid” clients previously neglected by the formal sector has emerged as an effective and sustainable model for financial inclusion. Financial inclusion has, understandably, been the primary focus of policymakers […]
Interview with Eric Campos, CEO, Grameen Crédit Agricole Foundation. Perhaps because it is a highly effective tool for combating poverty, microfinance is a central issue for rethinking the global economy. The health crisis and its effects on the poorest populations have only reinforced this urgent need for financial inclusion. A […]
For 12 years, the Grameen Crédit Agricole Foundation has positioned itself as a committed player in the fight against poverty by promoting financial inclusion and social impact entrepreneurship. With more than €200 million in funding and more than 100 organizations supported in some forty countries since its creation, the […]
A €10 million guarantee has just been granted by the Agence Française de Développement (AFD) Group, represented by its subsidiary Proparco, to the Grameen Crédit Agricole Foundation. This financing will enable the Foundation to continue supporting microfinance institutions in Sub-Saharan Africa. Proparco has also just granted a new €5 million loan to […]
ZEP-RE, the leading African reinsurer, will acquire a majority stake of 56% in ACRE Africa (Agriculture and Climate Risk Enterprise Ltd.), a social impact company supported by the Grameen Crédit Agricole Foundation since 2014. CA Indosuez Wealth (Asset Management), the management company of the Grameen Crédit Agricole Fund which holds a stake in ACRE […]
