Microfinance Solidaire

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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.