The story of Myriama is a typical one, where people - through no fault of their own - are experiencing hardship but are trying their hardest to overcome it. These people often only need a little push in the right direction - like the availability of affordable eggs to make omelets from. And that’s the kind of impact BIO is looking for.
BIO gave a loan to Cooperativa Pacífico, the biggest lending and saving cooperative in Peru.
Ms Julissa Flores received a loan from the cooperative. This is her story.
BIO invested 5 million dollars in REGMIFA and 3,5 million dollars in Rural Impulse Fund (RIF). Both support financial institutions like the Kenya Women Microfinance Bank (KWFT).
Jedidah Ndanu got a loan from KWFT. This is her story.
BIO is investing € 4 M in the Société Générale d'Hôtelerie to fund the renovation of the Salam hotel and the building of a new hotel, both in Bamako, Mali. SGH SA is the Malian subsidiary of the Azalaï group of hotels.