Approach

The Foundation, which primarily targets institutions working more specifically with women and in rural areas, operates in emerging countries according to objective criteria, presented and ratified by its Board of Directors : countries with low Human Development Index (HDI); countries with low financial inclusion rates; countries with little international microfinance funds. These countries are mainly located in sub-Saharan Africa, the Middle East and South and Southeast Asia.

Performance within the Foundation

Every year, CERISE certifies the quality of the Foundation’s microfinance portfolio assessment according to the Universal Standards for Social Performance Management – the international benchmark in force in the industry.

In 2018, the partners funded by the Foundation bolstered their results even further in the 6 main dimensions of social performance. Thus, the overall score went up, from 69% in 2017 to 70% in 2018. The Foundation’s partners distinguished themselves from the benchmark of the sector as regards good practices for client protection, in particular the prevention of over-indebtedness.

The Foundation boasts one of the most socially performant portfolios on the market, the outcome of a consistent method in selecting, managing and supporting its partners along a rigorous process for the commitment and monitoring of the loans granted.

Today, the Foundation is accelerating its development, expanding its capacities for action and continuing to further its cooperation with the Crédit Agricole Group.

In 2018, it consolidated its economic model by offering investment advisory services. It will continue to elaborate its sustainable development model in the coming years with an offer of diversified services and the structuring of impact investment vehicles.