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

Asia: Cambodia
Latin America and Caribbean: Nicaragua
Sub-Saharan Africa: Côte d'Ivoire, Kenya

Investment field

Investment Companies & Funds

Activity

MFI fund

Organisation

Alterfin

Domicile

Belgium

More investments in

Alterfin

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.

Portfolio 2021 Q4

Alterfin

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

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.

Read more

View more of our investments in this region

Fefisol II

Investment Companies & Funds

Fefisol II

  350,000.00

  Burkina Faso, Côte d'Ivoire, Democratic Republic of Congo, Kenya, Mali, Niger, Uganda

  29/11/2022

  Subsidy

Phatisa Food Fund 2

Investment Companies & Funds

Phatisa Food Fund 2

  240,396.00

  Tanzania, Uganda, Zambia

  28/11/2022

  Subsidy

Northern Arc India Impact Fund

Investment Companies & Funds

Northern Arc India Impact Fund

  7,890,744.00

  India

  25/11/2022

  Equity

Compagnie Africaine de Crédit

Financial Institutions

Compagnie Africaine de Crédit

  19,789.00

  Côte d'Ivoire

  21/11/2022

  Subsidy

TIDE Africa II Fund

Investment Companies & Funds

TIDE Africa II Fund

  7,212,033.79

  Kenya, Nigeria

  01/11/2022

  Equity

KCB Kenya

Financial Institutions

KCB Kenya

  42,512.20

  Kenya

  27/10/2022

  Subsidy

Njeru Industries

Enterprises

Njeru Industries

  14,654.50

  Kenya

  19/10/2022

  Subsidy

TIDE Africa II Fund

Investment Companies & Funds

TIDE Africa II Fund

  7,212,033.79

  Kenya, Nigeria

  29/09/2022

  Equity

Banco Popular

Financial Institutions

Banco Popular

  10,223.00

  Honduras

  23/09/2022

  Subsidy