Skip to main content

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

Africa:
Asia:
Latin America and Caribbean:
Middle East:

Investment field

Investment Companies & Funds

Activity

KK.64.302 FI Fund

Organisation

Alterfin

Domicile

Belgium

More investments in

Alterfin

  • Subsidy € 350,000.00 (2025)
  • Debt $ 5,000,000.00 (2023)
  • Subsidy € 80,000.00 (2022-2024)
  • Subsidy € 19,924.00 (2021-2022)
  • 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.

View more of our investments in this region

Financial Institutions

Alliance Finance Company PLC

15,000,000.00

  Sri Lanka

  07/07/2026

  Debt

Société de Microcrédits Congolais

5,000,000.00

  Democratic Republic of Congo

  01/04/2026

Financial Institutions

Prime Bank

20,000,000.00

  Bangladesh

  12/03/2026

  Debt

Enterprises

Limbua Group

 141,025.00

  Kenya

  01/02/2026

  Subsidy

Enterprises

Orchidia Pharmaceutical Industries

8,100,000.00

  Egypt

  01/02/2026

  Equity

Investment Companies & Funds

Kampani

 2,000,000.00

  29/01/2026

  Equity

Financial Institutions

Vital Finance

 3,000,000.00

  Benin

  13/01/2026

  Debt

Infrastructure

Bandwidth and Cloud Services

15,000,000.00

  Democratic Republic of Congo, Malawi, Mozambique, Zambia, Zimbabwe

  01/01/2026

  Debt

Investment Companies & Funds

Adenia Entrepreneurial Fund

15,000,000.00

  01/01/2026

  Equity