The Zambian subsidiary of US-based FINCA Impact Finance has borrowed local currency approximately equivalent to USD 1.5 million from the Luxembourg-based Grameen Credit Agricole (GCA) Foundation for on-lending in Zambia. FINCA Zambia aims to
Tag: GCA Foundation
MICROCAPITAL BRIEF: Grameen Credit Agricole Foundation Lending Microloan Foundation (MLF) $292k in Local Currency for Microfinance in Rural Malawi
The Grameen Credit Agricole (GCA) Foundation, whose head office is in Luxembourg, recently granted a loan in local currency approximately equivalent to USD 292,000 to the UK-based Microloan Foundation (MLF) to support its work in Malawi. MLF offers
MICROCAPITAL BRIEF: Grameen Credit Agricole Foundation Loans $113k to Société Sénégalaise des Filières Alimentaires (SFA) for Rice-storage Facility in Senegal
The Grameen Credit Agricole (GCA) Foundation, whose head office is in Luxembourg, recently issued a loan of EUR 100,000 (USD 113,000) to Société Sénégalaise des Filières Alimentaires (SFA) to finance a rice storage facility. SFA buys rice from 1,500 farmers in the Senegal River Valley; processes it into
MICROCAPITAL BRIEF: Grameen Credit Agricole Foundation Disburses 4-year Loan of $873k to CAURIE-MF for Microfinance in Senegal
The Grameen Credit Agricole (GCA) Foundation, whose head office is in Luxembourg, recently issued a four-year loan approximately equivalent to USD 873,000 in favor of Coopérative Autonome pour le Renforcement des Initiatives Économiques par la Micro Finance (CAURIE-MF) to support its microlending in Senegal. CAURIE-MF is a savings and credit cooperative supporting the “economic and social promotion
MICROFINANCE EVENT: The Grameen Credit Agricole Foundation’s Week; November 19-22, 2018; Montrouge & Paris, France
Crédit Agricole and the Grameen Crédit Agricole (GCA) Foundation have organized this series of events to mark the 10th anniversary of the Foundation. The first event of the week, called “The Foundation and Social Entrepreneurship,” will be held on November 19 in the campus of Montrouge and will include testimonials from entrepreneurs and experts on the Foundation’s promotion of entrepreneurship with social impact. At this occasion, the Foundation and Crédit Agricole will award a cheque to Entrepreneurs du Monde as a result of “Solidarity Cents,” an operation launched at the canteens of Crédit Agricole to support entrepreneurship projects for refugees, single