Created in 2008, at the joint initiative of Crédit Agricole’s Directors and Professor Yunus, founder of the Grameen Bank and 2006 Nobel Peace Prize, the Grameen Credit Agricole Foundation is a cross-business actor committed to promoting a better-shared economy.
Investor, funder, technical assistance provider and fund advisor, the Foundation has more than 80 partners (microfinances institutions and social business) and operates in around 40 countries with nearly 100 million euros in commitments. The Foundation focuses on microfinance institutions that serve women and rural people. These institutions support approximately 4 million clients.
Our mission is to fund and support microfinance institutions, businesses and projects that promote inclusive finance and the development of rural economies around the world.
Principles of action
Responsibility - High standards for social and economic performances management: because meeting our social and economic commitments towards institutions and companies we are financing is at the heart of our priorities. Thanks to strict eligibility criteria and a systematic analysis of economic and social performances, we are promoting responsible finance.
Adaptability - Proximity and humility to better support our partners: because we establish a close relationship, aware of our partners and territories. With agility and flexibility, we adapt our support offer to our partners’ needs.
Complementarity - Working together, forging links: because the battle against poverty cannot be carried out alone, we act alongside other committed actors. With openness, will and listening, we call for the convergence of actions and agendas for a better shared economy.
The Foundation and the Social Development Goals
The Foundation has from the outset been committed to women, community-based - in particular rural - economies, and a responsible approach to finance. Its mission refers to the Sustainable Development Goals (SDGs) framework defined by the United Nations. They are intended to build a more sustainable world by 2030. The Foundation makes a concrete contribution to the achievement of 8 of the 17 SDGs.