The Grameen Crédit Agricole Foundation acquires minority stakes in social companies whose main mission is to either give the poor access to essential goods and services, such as nutrition, drinking water, energy or financial services, or establish inclusive value chains in favour of local producers, while respecting a business model.
UV+Solaire gives rural households in Cambodia and Madagascar access to quality drinking water at an affordable price. To realise its mission, UV+Solaire has developed an innovative water treatment and distribution model based on a franchise network of water production and distribution sites operated by local microentrepreneurs. UV+Solaire contributes to the improvement of health and livelihoods in excluded rural communities and also strengthens the local economy.
ABC Microfinance - Babyloan
BABYLOAN is the first European crowdfunding platform for solidarity loans. Babyloan offers its members the opportunity to support microentrepreneur projects in developing countries by providing interest-free loans to partner microfinance institutions. Babyloan thus allows each web-user to be part of the solidarity lenders’ community.
FADEV is a comprehensive support system for small companies with a strong societal impact. It combines financial and technical support. FADEV brings to its subscribers a mutualisation of their risk. It only finances companies already firmly established to support their new developments. Its network of partners in Africa ensures close monitoring to limit information asymmetries.
La Laiterie du Berger
La Laiterie du Berger collects milk from Fulani herders, in the North of the country, and transforms it into yogurts and other dairy products that are sold under the brand Dolima. The firm secures fixed incomes to these herders and helps them to improve the productivity of their herds. It thus contributes to the reinforcement of the local economy and the improvement of food security in Senegal, which imports over 90% of its milk.
SFA - Sénégalaise des Filières Alimentaires
The Sénégalaise des Filières Alimentaires (SFA) is developing an inclusive value chain through the production and commercialisation of rice. The SFA supports the production of quality rice by small farmers in the Senegal River Valley through long-term contract farming arrangements and by giving them access to financing and technical support. The paddy is transformed in white rice and is sold on the Senegalese market under the brand Terral. Thus, the SFA contributes to the goal of self-sufficiency in Senegal, which today depends on imports for over 75% of its rice.
Agriculture and Climate Risk Enterprise Ltd (ACRE-Africa) provides smallholder farmers protection, primarily through innovative index insurance solutions, against the natural risks they face in their farm activity. By protecting farmers against the risk of crop loss and the loss of their income-generating assets, ACRE-Africa contributes to the improvement of food security in Africa.
Vert Ltd. is a Kenyan business that exports fresh fruit and vegetables to Europe. The company, which was established in the year 2000, has adapted its business model over the years to respond better to the European market and laws. Vert has introduced a more sustainable model, working directly with small, local farmers who are organised in small groups. The company provides farmers with technical assistance to improve the quality of their products and ensure that they are better equipped to deal with any problems that arise. Vert also takes care of the ‘fair trade’ and ‘global gap’ certification (standard criteria for exporting fresh fruit and vegetables to Europe) for the products it exports.
PhileoL Madagascar has developed an inclusive oilseed operation in the driest and poorest region of Madagascar, collecting jatropha and castor seeds from local farmers for local transformation and exportation to the region and to Europe. PhileoL thus secures farmers’ income and promotes local agricultural production. It also contributes to strengthening the output capacities and structuring local farming.
Democratic Republic of Congo
Palmis Enèji S.A.
In Haiti, 72% of households have no access to electricity and 90% of the population depends on charcoal as source of energy for cooking purposes. To contribute to the fight against poverty and global warming, Palmis Enèji promotes universal access to clean, modern and economical energy. The company operates as a franchise business in the distribution of improved stoves, LPG stoves and solar lamps through a network of local microentrepreneurs.
Grameen Danone Foods Ltd.
Grameen Danone Foods Ltd. (GDFL) is a pioneer company in social business based in Bangladesh. It aims to improve children’s health with yogurts and other dairy products made specifically to fight dietary deficiencies through the provision of nutrients. These products are sold at an affordable price to very poor families. GDFL puts its social mission at the heart of its business model, from milk collection from local small herders to distribution thanks to a door-to-door sales system through a network of “Grameen Ladies”.
Chamroeun is a Cambodian microfinance institution whose social mission is at the core of its economic model. It provides financial services to the poorest, those excluded from the range of more commercial microfinance institutions. In order to maximize the credit impact and efficiently support the poorest families, it also provides a whole range of economic, social and personal coaching and education services.
Phare Performing Social Enterprise - PPSE
Phare Performing Social Enterprise (PPSE) creates, produces and organises performing arts shows. Set up at the initiative of Phare Ponleu Selpak Association which has provided for over 20 years quality training and an education in art to children living in poverty, PPSE hires young artists from underprivileged backgrounds that have been trained by the association. PPSE offers career outlets in the circus profession and combines the best of Cambodian cultural traditions and contemporary circus.
Green Village Venture (GVV)
Green Village Ventures (GVV) facilitates access to solar power for rural households in Uttar Pradesh, the most populous state, and also one of the poorest, of India. These households are able to obtain better lighting at a lower cost than with the more widespread kerosene lamps. Green Village Ventures has anchored its service around the rural post office network, installing a solar panel and a charging station for lamp batteries at each post office.
ACAD Finance (Arab Center for Agricultural Development)
ACAD-Finance (Arab Center for Agricultural Development) is a Palestinian microfinance organization that provides financial services adapted to women and poor families, mainly in rural areas, in West Jordan and Gaza, in order to promote income generating projects and jobs and thus contribute to poverty alleviation and the economic development of Palestine. This social mission lies at the heart of its business model and its commercial practices.
The GCA Fund is an investment fund that seeks to bridge the gap between socially motivated investors and innovative Social Business firms that need capital to develop products and services adapted to the needs of the poorest. The Fund is dedicated to investing in Social Business companies and is primarly oriented towards developing countries. It plays the role of facilitator, taking minority stakes alongside strategic shareholders and a long-term partnership approach to its investment. Investments is measured against the quality of the business plan, the robustness of the business model and the social impact sought.
The GCA Fund is, itself, a Social Business. Its operational objective is to achieve a strong social performance while allowing investors to have their investment reimbursed at the maturity of the Fund. Investors then commit to recycling any capital gains into new Social Business initiatives.