![\"\"](\"https:\/\/www.gca-foundation.org\/wp-content\/uploads\/2019\/02\/Actu-2019-02-Fonds-microfinance-rurale-1.jpg\")
<\/p>\n<\/p>\n
In partnership with CA Indosuez Wealth (Asset Management) and CACEIS Bank, Luxembourg Branch, the Grameen Cr\u00e9dit Agricole Foundation has launched a social impact investment fund enabling Cr\u00e9dit Agricole Group entities and Regional Banks to invest in financing microfinance institutions in rural areas.<\/p>\n
The Foundation is thus strengthening its support for institutions operating in emerging countries to benefit populations traditionally excluded from the banking sector, and more specifically, women, who constitute the bulk of these institutions' clients. The benefit is twofold: a positive profitability objective and an impact in terms of financing income-generating activities. Two loans to microfinance institutions in sub-Saharan Africa were granted thanks to the funds raised. A quarterly monitoring report will be sent to investors. This fund will soon benefit from the Luxflag Label (promoting the financing of sustainable and responsible investments).<\/p>\n
For the first time, the Regional Banks and Cr\u00e9dit Agricole SA entities have the opportunity to join a system dedicated exclusively to international microfinance investments and structured within the Cr\u00e9dit Agricole group. The first fundraising round, closed on September 28, 2018, confirmed the participation of 13 Regional Banks (Alsace-Vosges, Centre-est, Centre-France, Champagne-Bourgogne, Franche-Comt\u00e9, Ille-et-Vilaine, Languedoc, Loire-Haute Loire, Martinique-Guyane, Normandie-Seine, R\u00e9union, Savoie and Sud Rh\u00f4ne Alpes) \u2013 which already represents 1\/3 of the Regional Banks \u2013 and Amundi for an amount of nearly \u20ac6 million.<\/p>\n
The second fundraising round, which closed on December 31, confirmed the participation of two Regional Banks (Charente-P\u00e9rigord and Provence C\u00f4te d'Azur) as well as that of Cr\u00e9dit Agricole Assurances for a total amount close to 8 million euros.<\/p>\n
The Grameen Cr\u00e9dit Agricole Foundation was created in 2008 by Cr\u00e9dit Agricole and the Nobel Peace Prize-winning Professor Yunus Grameen Foundation. Operating in 33 countries, nearly half of which are the world's poorest, the Foundation is committed to combating poverty and promoting financial inclusion. In 10 years, the Foundation has provided more than \u20ac215 million in financing. Alongside the Cr\u00e9dit Agricole Group, the Foundation is developing new instruments to increase its financing capacity and strengthen its impact.<\/p>\n
The Foundation is proud to work alongside Cr\u00e9dit Agricole SA entities and the Group's Regional Banks to strengthen its action in favor of financial inclusion and the financing of rural economies.<\/p>\n
For more information:
\npascal.webanck@credit-agricole-sa.fr
\ncarolina.herrera@credit-agricole-sa.fr<\/p>","protected":false},"excerpt":{"rendered":"
En partenariat avec CA Indosuez Wealth (Asset Management) et CACEIS Bank, Luxembourg Branch, la Fondation Grameen Cr\u00e9dit Agricole a lanc\u00e9 un fonds d\u2019investissement \u00e0 impact social permettant aux entit\u00e9s et Caisses R\u00e9gionales du groupe Cr\u00e9dit Agricole d\u2019investir dans le financement des institutions de microfinance en milieu rural. La Fondation renforce ainsi son soutien aux institutions […]<\/p>\n","protected":false},"author":12,"featured_media":6120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"pays-actualite":[],"types-publications-media":[],"class_list":["post-2462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualite"],"acf":[],"yoast_head":"\n