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The Board of Directors meets in Paris

On 11 March 2017 the members of the Board of Directors of the Grameen Crédit Agricole Foundation met in Paris, in the presence of Professor Muhammad Yunus and Her Royal Highness the Grand Duchess of Luxembourg.

The day before, the Directors of the Foundation met at the Maison de l'Amérique Latine for a working day devoted to the 2016 achievements and the 2017 development prospects. The Board, chaired by Jean-Marie Sander, welcomed the development of synergies and cooperation between the Foundation and the various entities of the Crédit Agricole Group. In terms of projections, the Board expressed its wish that the Foundation would conduct a study on the development of microfinance in Cuba as well as in the Mediterranean region and in Central Asia.

On March 11, prior to the Board meeting, the Directors also had the opportunity to visit the Village by CA and to meet France Barter Coopérative, a start-up hosted by the Village and which is the first online barter* network in France for VSE / SMEs. They were all particularly interested in the presentation and by the Village by CA's mode of operation, presented by Benoit Bourdin.

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* Inter-company exchange or "barter" is a tool allowing companies to finance some expenses or purchase projects directly in exchange for their production without cash outflow.