NOBIN: a new initiative to support women's entrepreneurship in Senegal
March 20, 2024, a partnership was officially signed between the Foundation, the Grameen Trust And Yunus FranceThis collaboration marks the beginning of an innovative program called NOBIN, aimed at supporting women's entrepreneurship in Senegal, which has already proven successful in Bangladesh through the Grameen Trust.
This signing took place in the presence of Veronique Faujour, General Delegate of the Grameen Crédit Agricole Foundation, Professor Muhammad Yunus, member of the board of directors of the Grameen Crédit Agricole Foundation and president of the Grameen Trust, as well as Yoan Noguier, director of Yunus France.
NOBIN, launched in 2013 in Bangladesh, is an innovative program that offers a new way to finance women and young entrepreneurs with personalized support and mentoring. Currently deployed in Dakar, Senegal, with 2,500 people in working-class neighborhoods, NOBIN aims to accelerate the creation of 250 businesses over a period of 3 years, thus enabling women without access to financial services to realize their business projects.
The Foundation is fully committed to this initiative by investing 500 000€ in the project, with the aim of creating a sustainable financing mechanism and deploying NOBIN on a larger scale in Senegal over the next 3 years.
This social entrepreneurship initiative enables women who lack access to financial services to bring their ideas to life, accelerate the launch of their businesses, and thus gain access to the formal economy.
This new collaboration fits perfectly into the objectives Ambitions 2025 of the Foundation, which aim to innovate to support vulnerable women and young people, while strengthening partnerships to amplify its actions.
