Alterfin

Subsidy : July 2023

BIO has granted EUR 21.5 K of technical assistance to Alterfin, a Belgian financial cooperative

Amount

€ 21,500.00

Type of investment

Subsidy

Beneficiary locations

Asia:
Latin America and Caribbean:
Middle East & North Africa:
Sub-Saharan Africa:

Investment field

Investment Companies & Funds

Activity

KK.64.302 FI Fund

Organisation

Alterfin

Domicile

Belgium

More investments in

Alterfin

  • Debt $ 5,000,000.00 (2023)
  • Subsidy € 80,000.00 (2022)
  • Subsidy € 20,125.00 (2021)
  • Debt € 3,000,000.00 (2020)
  • Equity € 250,000.00 (2002)

Alterfin is a Belgian financial cooperative created in 1994 to invest in smallholder farming in developing countries via microfinance institutions, small and medium-sized enterprises (SMEs) and producers' organisations.

Technical assistance

The aim of the technical assistance is to develop Alterfin’s climate and environmental strategy and actions plan to generate impact through loans and TA provided to their partners and improve their overall environmental performance.

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

EVN Finance Joint Stock Company

Financial Institutions

EVN Finance Joint Stock Company

10,000,000.00

  Vietnam

  09/01/2024

  Debt

TowerCo of Africa

Infrastructure

TowerCo of Africa

12,000,000.00

  Uganda

  09/01/2024

  Debt

SIMA Commercial & Industrial Solar Green Bond

Infrastructure

SIMA Commercial & Industrial Solar Green Bond

10,000,000.00

  Kenya, Nigeria, South Africa

  29/12/2023

  Debt

Aldea Coffee S.A.

Enterprises

Aldea Coffee S.A.

3,000,000.00

  Nicaragua

  12/12/2023

  Debt

Darby International Capital Latin American Fund IV

Investment Companies & Funds

Darby International Capital Latin American Fund IV

10,000,000.00

  Brazil, Colombia, Peru

  01/12/2023

  Equity

ACEP Group

Financial Institutions

ACEP Group

 4,824.00

  Niger

  28/11/2023

  Subsidy

Alterfin

Investment Companies & Funds

Alterfin

5,000,000.00

  23/10/2023

  Debt

Cooperativa Pacífico

Financial Institutions

Cooperativa Pacífico

10,000,000.00

  Peru

  23/10/2023

  Debt

EA Foods Ltd

Enterprises

EA Foods Ltd

 10,448.00

  Tanzania

  09/10/2023

  Subsidy