Launched in 2013 by the Grameen Crédit Agricole Foundation and the French Development Agency (AFD), the Take-Off Facility for Agricultural and Rural Microfinance in Africa (African Facility) aims to support microfinance institutions in sub-Saharan Africa. After a successful first phase (2013-2016), with 16 partners funded and €6 million in loans […]
In 2018, the Grameen Crédit Agricole Foundation launched a social impact investment fund in partnership with CA Indosuez Wealth (Asset Management) and CACEIS Bank, Luxembourg Branch. This fund offers the Regional Banks and entities of the Crédit Agricole SA group the opportunity to invest in the financing of microfinance institutions operating in […]
During the first six months of the year, the Grameen Crédit Agricole Foundation made new investments in Central Asia. It granted a new USD loan equivalent to €895,000 to the Tajik microfinance institution Humo. Humo is a microcredit and deposit-taking institution whose main activity is to offer […]
During the first half of the year, the Grameen Crédit Agricole Foundation granted seven new financings in sub-Saharan Africa to long-standing partners. With these new investments, the Foundation brings its commitments in sub-Saharan Africa to nearly €41 million, representing €411 million of the Foundation's total commitments to […]
During the first half of 2019, the Grameen Crédit Agricole Foundation funded three new partners in Africa and Central Asia. With these three new partners, the Foundation had 81 organizations supported in 38 countries as of the end of August. It thus granted an initial loan in CFA francs equivalent to €1.5 million […]
By Céline Hyon-Naudin, Grameen Crédit Agricole Foundation Microfinance is the set of financial services and products accessible to people excluded from the traditional banking system. Today, the microfinance sector has 139 million beneficiaries with total outstanding loans estimated at $114 billion (1). Beyond the objective of promoting financial inclusion, the […]
During the first half of 2019, the Grameen Crédit Agricole Foundation made new investments, including three in new countries. For example, it financed the LAPO microfinance institution in Sierra Leone for the first time, with an equivalent amount of €385,000. LAPO's mission is to provide financial services that […]
During the first half of 2019, the Grameen Crédit Agricole Foundation made three new investments in Asia, including a guarantee in India in partnership with CA-CIB India. In Cambodia, Phare Performing Social Enterprise (PPSE) was granted a loan equivalent to €332,000. This partner, of which the Foundation holds 15.5% of the […]
The Grameen Crédit Agricole Foundation and Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) are joining forces to support and finance Indian microfinance institutions that support projects for populations excluded from the traditional banking system. Through this partnership, the Crédit Agricole Group is leveraging its expertise for inclusive finance in India and […]
At the initiative of the Grameen Crédit Agricole Foundation and Crédit Agricole SA, skills-based volunteering missions labeled "Solidarity Bankers" are offered to Crédit Agricole Group employees on behalf of organizations supported by the Foundation. Since the program's launch in 2018, thirteen missions have been launched. A new mission […]
