MICROCAPITAL BRIEF: Grameen Crédit Agricole Microfinance Foundation (GCAMF) Loans $751k to Komida of Indonesia, $812k to Alidé of Benin

Grameen Crédit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based organization that offers financial services to microfinance institutions (MFIs) and social business projects in Sub-Saharan Africa and Eurasia, has recently loaned Koperasi Mitra Dhuafa (Komida), an Indonesian MFI, the local-currency equivalent of USD 751,000 with a three-year term.

MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Loans $989k to WAGES of Togo, $445k to Azeri Star of Azerbaijan, $153k to Berendina Microfinance of Sri Lanka

Grameen Credit Agricole Microfinance Foundation (GCAMF), an organization that provides funding and financial services to microfinance institutions (MFIs) and social business projects, recently issued an AZN 350,000 (USD 445,000) loan to Azeri Star, an Azerbaijani MFI.

MICROCAPITAL BRIEF: Grameen Crédit Agricole Microfinance Foundation Loans $1.2m to Viator of Azerbaijan, KOMIDA of Indonesia

The Grameen Crédit Agricole Microfinance Foundation (GCAMF), a foundation providing financial services to microfinance institutions (MFIs), has agreed to provide two loans to MFIs Viator of Azerbaijan and Koperasi Mitra Dhuafa (KOMIDA) of Indonesia.

MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Invests $2.2m in Microfinance Institutions CAURIE of Senegal, Thaneakea Phum Cambodia (TPC) of Cambodia

Grameen Credit Agricole Microfinance Foundation (GCAMF), an organization that provides financial services to microfinance institutions (MFIs) and social business projects, has agreed to disburse a XOF 700 million (USD 1.3 million) to Senegal MFI Cooperative Autonome pour le Renforcement des Initiatives Economiques par la Micro finance (CAURIE).

MICROCAPITAL BRIEF: Grameen Credit Agricole Lends $467k to Microfinance Institution GRAINE of Burkina Faso, $1.2m to Angkor Mikroheranhvatho Kampuchea of Cambodia and $2.5m to LOLC Micro Credit Limited of Sri Lanka

The Grameen Credit Agricole Microfinance Foundation (GCAMF), which was founded in Luxembourg by French bank Credit Agricole and Grameen Trust of Bangladesh, has reported to MicroCapital that it has issued its first loan in Burkina Faso to Groupe d’Accompagnement à l’Investissement et à l’Epargne (GRAINE), a microfinance institution (MFI) that serves 40,000 women primarily in remote areas.

MICROFINANCE BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Issues $1.25m Loan to Hattha Kaksekar Limited of Cambodia, $800k to Alide of Benin

The Grameen Credit Agricole Microfinance Foundation (GCAMF), which was founded in Luxembourg by French bank Credit Agricole and Grameen Trust of Bangladesh, has reported to MicroCapital that it has issued a loan of USD 1.25 million with a three-year term and a one-year grace period to Hattha Kaksekar Limited (HKL), a Cambodian microfinance institution (MFI).

MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Guarantees Half of $2.7m From Standard Chartered Bank to Mitra Bisnis Keluarga (MBK) Ventura of Indonesia

The Grameen Credit Agricole Microfinance Foundation (GCAMF), which was founded in Luxembourg by French bank Credit Agricole and Grameen Trust of Bangladesh, has reported to MicroCapital that it has issued an IDR 12.5 billion (USD 1.4 million) guarantee to Mitra Bisnis Keluarga (MBK) Ventura, an Indonesian microfinance institution (MFI), via a stand-by letter of credit through Credit Agricole Corporate and Investment Banking (CA-CIB), the investment banking arm of Credit Agricole Group.

MICROCAPITAL BRIEF: Grameen Crédit Agricole Microfinance Foundation (GCAMF) Lends $1.5m to Microfinance Institutions Tuba Rai Metin of East Timor; Humo and Partners, Arvand of Tajikistan

The Grameen Crédit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based nongovernmental organization, has reported to MicroCapital that it has issued a three-year loan of USD 300,000 to Tuba Rai Metin (TRM), a microfinance institution (MFI) in East Timor [1].

MICROCAPITAL BRIEF: Grameen Crédit Agricole Microfinance Foundation Issues $330k Loan Guarantee for Microfinance Institution TIAVO of Madagascar

The Grameen Crédit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based organization founded by Crédit Agricole and Grameen Trust, has reported to MicroCapital that it provided Tahiry Ifamonjena Amin’ny Vola (TIAVO), a microfinance institution (MFI) based in Madagascar, with a 50-percent guarantee on a loan from BNI Madagascar, a subsidiary of French retail bank Credit Agricole.

MICROCAPITAL BRIEF: Grameen Crédit Agricole Microfinance Foundation Lends $2m to Microfinance Institutions Hekima of Congo; Findev of Azerbaijan; Chamroeun, TPC of Cambodia

The Grameen Crédit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based organization founded by Crédit Agricole and Grameen Trust, has reported to MicroCapital that it made loans to four microfinance institutions (MFIs): Hekima of the Democratic Republic of the Congo, Finance for Development LLC (FinDev) of Azerbaijan, and Chamroeun and Thaneakea Phum (Cambodia) Limited (TPC) of Cambodia.

MICROCAPITAL BRIEF: Promotion et Participation pour la Cooperation Economique (PROPARCO), Grameen Credit Agricole Microfinance (GCAMF) Loan $10m to Microfinance Institution (MFI) Kenya Women Finance Trust (KWFT)

Grameen Credit Agricole Microfinance Foundation (GCAMF), based in Luxembourg, recently reported to MicroCapital that it has partnered with Promotion et Participation pour la Cooperation Economique (PROPARCO), a development finance institution based in France, to provide a credit line of KES 750 million (USD 10 million) to Kenya Women Finance Trust (KWFT), a microfinance institution (MFI) that serves exclusively women microentrepreneurs.

MICROCAPITAL BRIEF: MFTransparency, Grameen Crédit Agricole Microfinance Foundation Partner to Host West African Transparent Pricing Workshop in Senegal, March 3, 2011

MFTransparency, a US-based nongovernmental organization (NGO) that aims to provide information on credit products and pricing, and Grameen Crédit Agricole Microfinance Foundation, a nonprofit organization established in Luxembourg in 2008, recently announced that the two outfits have partnered to host the West African Transparent Pricing Workshop on March 3, 2011, in Dakar, Senegal. The event will bring together representatives of microfinance institutions (MFIs), microfinance networks, government officials and financial regulators for a one-day training workshop to promote pricing transparency standards followed by a half-day conference on current topics in West African microfinance markets.

MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation Makes $1.8m Local-Currency Loan to Koperasi Mitra Dhuafa (Komida) of Indonesia and Thaneakea Phum Cambodia (TPC), Chamroeun Microfinance of Cambodia

Grameen Credit Agricole Microfinance Foundation, a nonprofit organization established in Luxembourg in 2008 as a partnership between Credit Agricole SA, a French retail bank, and Grameen Trust (GT), a nonprofit microfinance organization based in Bangladesh, extended three local-currency loans equivalent to a total of USD 1.8 million to microfinance institutions (MFIs) in Southeast Asia.

MICROCAPITAL BRIEF: Grameen Crédit Agricole, Grameen-Jameel Pan-Arab Microfinance Guarantee $6m National Société Générale Bank Loan to The Lead Foundation Egypt

Grameen Crédit Agricole Microfinance Foundation, a wholesale lender and loan guarantor to microfinance institutions (MFIs), and Grameen-Jameel Pan-Arab Microfinance Limited, an MFI funder, have co-guaranteed an EGP 33 million (USD 5.74 million) three-year loan from the National Société Générale Bank Egypt to The Lead Foundation (Lead), an Egyptian microfinance NGO.

KNOW A MICROFINANCE FUND: FRONTIERS, Global Partnerships Microfinance Fund, Goodwell, Grameen Credit Agricole Microfinance Fund

The following microfinance investment funds are profiled in this brief:

FRONTIERS

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=FRONTIERS

Global Partnerships Microfinance Fund

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Global+Partnerships+Microfinance+Fund

Goodwell

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Goodwell

Grameen Credit Agricole Microfinance Fund

https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Grameen+Credit+Agricole+Microfinance+Foundation

SPECIAL REPORT: Financial Inclusion of Forcibly Displaced Persons (FDPs), Host Communities Results in Competitive PAR Ratios #EMW2023

e-MFP logoThe Grameen Credit Agricole Foundation recently carried out a pilot project in Uganda engaging financial services providers (FSPs) in serving refugees and their host communities. The goal is to support FSPs in adapting their products to the needs of forcibly displaced persons (FDPs) – “adapting” because new products are not generally needed – and rolling them out to prove the business case for serving these populations. Despite early reluctance from FSPs, their portfolio-at-risk ratios turned out to be under 5 percent – sometimes better than their overall portfolios. As a result, two of the foundation’s FSP partners have

MICROCAPITAL BRIEF: JuST Institute Opens Doors, Promoting Inclusive Finance for Biodiversity, Climate Adaptation

The Just Sustainability Transitions (JuST) Institute, an NGO based in France, recently launched with the mission of supporting financial services providers (FSPs), consultants and both public and private investors in expanding their work “for the benefit of people and the planet.” In particular, the JuST Institute seeks to facilitate investment flows and capacity building services that support farmers and small-business owners in climate adaptation and conserving biodiversity. The NGO’s initial focus is on

SPECIAL REPORT: Solar-powered Onions in Senegal, Meso-insurance Against Storms in Nicaragua, Performance-based Interest Rate Reductions for Climate-smart Lending in India

e-MFP logoIn a session on strengthening agricultural value chains today at European Microfinance Week, Daphne van Dam of Cordaid described her organization’s work to support onion farmers in Senegal. The farmers were struggling with the cost of fuel for irrigation. Cordaid was able to partner with local microfinance and solar providers to supply farmers with solar-powered irrigation systems that they could pay for on a schedule attuned to the harvest time of their crop.

Magdalena Arbelaez of Incofin described her firm’s work enabling insurance for farmers in Nicaragua. Rather than microinsurance, which would have been unworkable for many of the smallholder farmers in the region, the project extended