The Foundation publishes its 2018 Integrated Report

© Didier Gentilhomme

The Grameen Crédit Agricole Foundation has published its 2018 Integrated Report, which highlights key moments, figures, and projects developed with its partners. 2018 was an important year for the Foundation. It marked the Foundation's 10th anniversary with several commemorative events celebrated alongside its partners and founders, Crédit Agricole and Professor Yunus, Nobel Peace Prize winner and founder of the Grameen Trust. Ten years later, the Foundation has positioned itself as a recognized player in the inclusive finance sector and is strengthening its efforts to contribute to the fight against poverty.

2018 was also a year of growth. As of December 31, 2018, the Foundation managed €73 million in outstanding loans and supported more than 70 partners in 34 countries in Africa, Asia, and Europe. At the heart of its objectives, the Foundation promotes women's entrepreneurship and rural economies through the institutions it supports: 751,300 microcredit beneficiaries are women, and 801,300 live in rural areas.

2018 was also a strong year for partnerships. Several projects were launched with the Crédit Agricole Group: the development of cooperation schemes with the Group's international entities, the launch of FIR, the Group's first microfinance fund, and the establishment of "Solidarity Banker," a skills volunteer program open to all Group employees on behalf of the Foundation's partners.

2018 was also the year of preparation of the Foundation's 2019-2022 Strategic Plan, which confirms the Foundation's commitment to strengthening the microfinance sector, developing rural economies and promoting impact finance.

To download the 2018 Integrated Report, click here.

 

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