Alterfin

Equity : December 2002

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

Africa: Côte d'Ivoire, Kenya

Asia: Cambodia

Latin America and Caribbean: Nicaragua

Investment field

Investment Companies & Funds

Activity

MFI fund

Organisation

Alterfin

Website

https://www.alterfin.be/en

Domicile

Belgium

More investments in

Alterfin

Debt $ 5,000,000.00 (2023)
Subsidy € 21,500.00 (2023)
Subsidy € 80,000.00 (2022-2024)
Subsidy € 19,924.00 (2021-2022)
Debt € 3,000,000.00 (2020)

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.