The Foundation invests in a new country, Tanzania

During 2023, the Grameen Crédit Agricole Foundation made new investments in a new country in Sub-Saharan Africa: Tanzania. She thus financed the microfinance institution VisionFund Tanzania, for an equivalent amount of 2 million euros. VisionFund Tanzania's mission is to provide a better future for children by empowering families to create income and jobs and unlocking the economic potential of communities.

This MFI is committed to developing the microfinance sector in Tanzania based on best practices in microfinance and to strengthening the sector with a view to developing a credit culture.

To date, the institution has nearly 40,440 clients, including 59% women. This clientele is located in rural areas.