Investment fund
The creation of an investment fund: the extension of the Grameen Crédit Agricole Microfinance Foundation project
By creating the Foundation in February 2008, Crédit Agricole and Professeur Yunus sought to open up a new path in the fight against poverty through economically viable institutions and companies with a social mission. Since the beginning the Foundation supports microfinance institutions (MFIs) and social businesses (SBs) in developing countries.
From the very moment of its creation, they expressed their desire to be joined in a later stage by public and private investors motivated by the prospect of providing concrete help to the poor through SBs.
Including investors in SB projects
These social businesses may operate in very diverse fields: nutrition, drinking water, energy, health care, communications, financial services (microcredit, microinsurance, micropayments), etc.
Along with the experts from the Crédit Agricole Group, the Foundation is studying the possibility of creating a Grameen Crédit Agricole investment fund that would enable it to include socially motivated investors in its action.
