Truelift has recognized the pro-poor performance of AMK Microfinance Institution Plc, a partner of the Grameen Crédit Agricole Foundation in Cambodia, at the Leader Milestone. This brings to 33 the number of financial service providers recognized along the Truelift Pro-Poor Pathway and to seven the number recognized at the Leader Milestone, the highest […]
On April 1st, from 9 a.m. to 11 a.m., the Grameen Crédit Agricole Foundation and the European Investment Bank (EIB) are organizing a conference in Paris on the theme of developing rural economies and strengthening microfinance in Africa through the EIB. Jérôme Brunel, Secretary General of Crédit Agricole SA, Director of the Foundation […]
In partnership with CA Indosuez Wealth (Asset Management) and CACEIS Bank, Luxembourg Branch, the Grameen Crédit Agricole Foundation has launched a social impact investment fund enabling Crédit Agricole Group entities and Regional Banks to invest in financing microfinance institutions in rural areas. The Foundation is thus strengthening its support for institutions […]
It has thus financed two partners in Kenya: BIMAS, with a loan of 500,000 euros, and VERT Ltd with a loan of 440,000 euros. BIMAS is a microenterprise development program (MED-P) established in 1992 under the aegis of PLAN Embu. Its objective is to contribute to sustained growth […]
Today, nearly one billion people lack access to improved drinking water sources. Sub-Saharan Africa is one of the regions most affected: between 25 and 50% of its population still lack access to water from an improved drinking water source, and between 75 and 1,000 lack access to […]
The Grameen Crédit Agricole Foundation has made new investments with its Asian partners, granting five loans in Indonesia, Burma, Sri Lanka, and Cambodia. In Asia, the Foundation has 14 partners, representing 251,300 million of its total outstanding loans as of the end of December 2018. It has granted a loan of 2.1 million […]
By Hélène Sananikone, Grameen Crédit Agricole Foundation "Social" and "business" are two terms that have long been considered contradictory, and many continue to do so. However, there are economic models that structurally aim to reconcile social impact and economic development on the same level. At the beginning […]
By Jonathan Michaud, Franche Comté CA The Fulani, nomadic herders, have always produced milk primarily for self-consumption and considered a by-product of a suckler herd. The LDB's ambition is to make this milk a fully-fledged production, intended for sale, generating a stable income for the household. The reason […]
In 2018, the Foundation continued its investments in sub-Saharan Africa, notably with two new investments in the Democratic Republic of Congo. It financed Baobab DRC, a microfinance institution created in 2012 by OXUS and acquired by the Baobab group (formerly Microcred) in 2017, with a loan equivalent to €698,000. Baobab […]
In 2018, the Foundation continued its investments in the Eastern European and Central Asian regions, granting a total of seven loans to six partners for a cumulative amount of €7.6 million, representing €191 million of the new investments made over the past year. The Foundation thus invested for the first time […]
