Ended
B148b77e77b2bb68e6e4102c0d74aeec

Microfinance Solidaire

Shares

  • No poverty
  • Clean and affordable energy
  • Decent work and economic growth
Impact category SMEs & associations
Degree of maturity
Amount collected : 199,000.00 €
Amount collected
199,000 €

Presentation

Microfinance Solidaire is committed to providing access to energy for the poorest populations and finances local organizations that promote micro-entrepreneurship. Indeed, fragile populations are often excluded from traditional microfinance institutions.

Most of the accompanied beneficiaries live in slums, in isolated rural areas or on the outskirts of large cities, without access to water, electricity and health care. Most of them are women (86%), in developing countries.

The company already contributes to 8 of the 17 Sustainable Development Goals (SDOs).

Microfinance Solidaire meets the need for working capital financing by granting low-interest loans. The company thus finances the local growth of young social enterprises. It is particularly important before financial equilibrium is achieved, when they have little access to other funders.

At the end of 2017, Microfinance Solidaire financed 18 organisations in 12 countries in Africa, Asia and Haiti, with an outstanding amount of €6.3M. 17 of these organizations were incubated by Entrepreneurs du Monde.

0c994f7d386583606ceccc617065f480

Microfinance Solidaire finances local organizations that promote micro-entrepreneurship.

Green arrow 03
1/2
Green arrow 05
Amount collected
199,000 €
Financial product

Shares

Co-investors

Risks: Investing in young companies presents a significant risk of partial or total loss of the invested amount as well as a risk of illiquidity.

This site uses first and third party cookies to provide you with a great user experience, measure audiences and show you personalised ads. By using LITA.co you accept our use of cookies.

Learn more | CLOSE