Alterfin
Alterfin is a Belgian social investor that, since 1994, raises capital to invest it in developing countries via microfinance institutions and producers organisations.
Amount
€ 250,000.00
Type of investment
Equity
Development impacts
- Local economic growth
- Financial inclusion
Beneficiary locations
Investment field
Investment Companies & Funds
Activity
MFI fund
Alterfin’s goal is to improve the livelihoods and living conditions of socially and economically disadvantaged people and communities, predominantly in rural areas in low- and middle-income countries around the world.
In order to achieve this goal, Alterfin provides financial and non-financial services to its partners by:
- raising funds, mainly from individual investors and socially responsible institutions;
- structuring and promoting ethical and sustainable investments;
- networking with like-minded organisations.
Portfolio 2021 Q4
Development impacts
-
Local economic growth
Access to long-term financing for MFI's
-
Financial inclusion
Access to credit for micro-entrepreneurs through investment in microfinance
Read impact and news about this project
News
EDFI AgriFI and BIO contract €6M with Alterfin
17-08-2020
EDFI AgriFI and BIO each commit to finance the equivalent of EUR 3 million in USD to reinforce Alterfin’s sustainable agriculture and microfinance portfolios. The combined investment will provide Alterfin with long-term financing to support its expansion in Africa, Latin-America and Asia. The financing from BIO will likely also be accompanied by technical assistance, a first for Alterfin.
View more of our investments in this region
Financial Institutions
TerraPay Payment Services
10,000,000.00
Bangladesh, India, Philippines, Vietnam, Cameroon, Côte d'Ivoire, Kenya, Senegal, Tanzania, Uganda
25/03/2024
Debt
