The belgian cooperative ALTERFIN is a social investor
that supports MicroFinance Institutions in developing
countries, by providing them loans and technical
assistance and by taking temporary participations
in their capital. The mission of Alterfin is
to contribute to the development of local financial
networks in the South that are oriented towards
opportunity-poor or oppressed groups in society.
The financial means of Alterfin are first constituted
by its share-capital that is brought by its (over)
860 institutional and individual shareholders;
their capital is directly invested in 36 organisations
worldwide.
"Access to credit is essential for entrepreneurial
poor to develop their economic activities and raise
their levels of income. 10 years ago Alterfin started
mobilising capital in Europe in order to invest it
in micro finance institutions. For all those people
and organisations in the South and the North that
are investing in microfinance, the International
Year of Microcredit is an international recognition
of their commitment."
--Hugo Couderé, Managing Director of ALTERFIN
ALTERFIN cooperative
Rue de la linière 11,
B 1060 BRUSSELS, BELGIUM.
Tel: ++ 32 2 538 58 62 - Fax: ++ 32 2 538 37 90
Website : http://www.alterfin.be
Email : info@alterfin.be