Grameen Crédit Agricole Foundation and Proparco strengthen their partnership

 

 

December 6, 2024, at Proparco headquarters, a new agreement between the Grameen Crédit Agricole Foundation And Proparco has been signed. This ambitious partnership aims to join forces between the two organizations to promote financial inclusion in Africa, the Middle East, Asia, and the Balkans.

By partnering with Proparco, the Grameen Crédit Agricole Foundation aims to scale up the implementation of high-impact projects. These initiatives include technical support to promote:

• Gender equality,
• Adaptation to climate change,
• Financial inclusion of refugee populations.

Historical partner of the Foundation since 2010Proparco shares common strategic objectives, particularly in the area of responsible financial inclusion. This new agreement strengthens a rich collaboration, enabling both entities to amplify their impact and effectively address economic and social challenges in the regions concerned.

Two new technical assistance programs will be supported by Proparco and implemented soon:

• African facility: Innovate to support rural microfinance institutions with a strong social impact in sub-Saharan Africa and facilitate sustainable entrepreneurship and the empowerment of women.
• Financial inclusion of refugees and host communities in Uganda

This renewed partnership demonstrates the commitment of both organizations to building innovative and sustainable solutions for the most vulnerable populations.

 

_____________________________________

To find out more:

Proparco Proparco is the AFD Group subsidiary dedicated to the private sector. Its operations aim to strengthen the contribution of private actors to achieving the SDGs. Proparco participates in financing and supporting businesses and financial institutions in Africa, Asia, Latin America, and the Middle East. Its action focuses on key development sectors: infrastructure with a focus on renewable energy, agribusiness, financial institutions, health, and education.