Musoni’s mission is to grow, build and maximize the potential of the businesses of the low income and unbanked of Kenya through the provision of affordable, flexible and customer-oriented financial services. Musoni Microfinance Limited was founded in 2010 and is the first microfinance institution (MFI0 to be 100% cashless and …
Thrive’s mission is to provide training and credit to women excluded from the mainstream financial sector in a manner that is both socially responsible and financially sustainable. Thrive is not a charity – It is run for profit with all surpluses retained in the business for the benefit of its borrowers. …
Wakili, meaning willingness and perseverance in local dialect, is a program created by Entrepreneurs du Monde in 2016 for people excluded from access to traditional systems of financing. It supports groups of micro-entrepreneurs from the most vulnerable communities to develop income generating activities and improve the living conditions of their …
ID Ghana was set up in 1998 by the French NGO Initiative Développement, which transferred the technical and financial responsibility to Entrepreneurs du Monde when it was formed in West Africa in 2006. ID Ghana has been sustainable and above breakeven since 2011 and was the first MFI to register …
Yikri was launched by Entrepreneurs du Monde in Burkina Faso to offer social microfinance to the most vulnerable entrepreneurs in Burkina Faso after several years of experience serving the energy sector through distribution of cleaner and more efficient lighting and cooking products. Yikri initially focused on peri-urban areas of the …
Assilassimé Solidarité (“Hand in hand” in the local Ewé language) is a unique microfinance organization in Togo. It prioritizes vulnerable people: those living with HIV (PLHIV) or a disability, single mothers, widows, sex workers, etc. The organization does not require any guarantee or collateral from borrowers. It takes into account their personal circumstances …
UMUTANGUHA (meaning a friend who never deceives) was started by a Rwandan association of Widowers “ICYUZUZO” in 2003. Its main objectives were, among others, to: (i) be self-sustaining by carrying out Income Generating Activities (IGAs) to minimize donor dependence; and (ii) support rural widowers-orphans – widows’ access to financial services …
Working in rural African villages, Village Enterprise’s mission is to end extreme poverty in rural Africa through entrepreneurship and innovation. Our model is simple and cost-effective. The Village Enterprise one-year Graduation program provides groups of three entrepreneurs with seed capital, training and on-going mentoring by a local business mentor. We organize the business groups …
Reliance Financial Services Company Limited (Reliance) is a non-bank financial institution, founded by three young Gambian professionals with vast experiences in the financial services sector. The company is founded on the principles of professionalism, socio business ethics, integrity and transparency to all stakeholders.
Jiro-ve’s mission is to use a franchise model to bring affordable, clean and quality lighting to areas without reliable energy sources in Madagascar. The target population is the 92% of Malagasy who live on less than $2/day and remain excluded from the electricity grid. The lamps offered for rent by …
