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.


€ 250,000.00

Type of investment


Development impacts

  • Local economic growth
  • Financial inclusion

Beneficiary locations

Latin America and Caribbean:
Sub-Saharan Africa:

Investment field

Investment Companies & Funds


MFI fund





More investments in


  • 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:

  1. raising funds, mainly from individual investors and socially responsible institutions;
  2. structuring and promoting ethical and sustainable investments;
  3. networking with like-minded organisations.

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

EDFI AgriFI and BIO contract €6M with Alterfin


EDFI AgriFI and BIO contract €6M with Alterfin


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.

Read more