| IMPLEMENTING PARTNERS
ENTREPRENEURS OF THE WORLD
For more than 20 years, Entrepreneurs du Monde 's job has been to create, in poor countries, social microfinance institutions and distribution networks for energy access products to help the poorest families improve their living conditions: by developing small economic activities (small shops, sewing workshops, etc.). small street restaurants, etc.) and access to efficient and cost-effective ways to cook meals and light up.
The people assisted are mostly women (86% of beneficiaries): they are often responsible for families and make it a point of honor to better feed their children and send them to school as soon as they improve their income.
Entrepreneurs du Monde created Microfinance Solidaire in 2010 to mobilize new financing capacities to support the development of the social entrepreneurship sector in developing countries.
Microfinance Solidaire primarily supports – but not only – the institutions developed by Entrepreneurs du Monde because they have demonstrated their ability to implement strong social missions, without neglecting the rules of good management, necessary to ensure their economic sustainability.
Microfinance Solidaire was also able to select new partners, such as ATIA / InterAide, which has the same social vision and has a long experience in the field.
| FUNDED SOCIAL ENTERPRISES
At the end of 2019, Microfinance Solidaire funding was divided between 20 social enterprises – 15 social microfinance institutions and 5 social enterprises for energy access – in 14 countries:
- Alidé in Benin
- Anh Chi Em in Vietnam
- Assilassimé Solidarity in Togo
- Chamroeun in Cambodia
- Palmis Mikwofinans Sosyal in Haiti
- Yikri in Burkina Faso
- Are Oo Tehtwin in Myanmar
- ID Ghana in Ghana
- SEED in the Philippines
- STEP in India
- Wakili in Guinea Conakry
- Fansoto in Senegal
- Vahatra in Madagascar
- ATEco in the Philippines
- Nafa Naana in Burkina Faso
- Palmis Enèji in Haiti
- Pteah Baitong in Cambodia
- Mivo in Togo
- SCPI in the Philippines
- Munafa in Sierra Leone
| E TEAM
Ms. Camille Richer, President and Chief Operating Officer
Ms. Laure Billion, Legal Officer
Mr. Thomas Thivillon, Research and Impact Studies
Microfinance Solidaire is managed by a Supervisory Committee with 8 members. The latter come from the world of finance, solidarity finance, social and solidarity economy.
The Supervisory Committee meets at least 4 times a year to make the main management decisions concerning:
- investment in structures in creation
- allocation and renewal of credits to partner institutions
- Capital increases
- The contraction of loans to develop the loan portfolio
- the evolution and strategic choices of the company
- the structuring and evolution of the team in charge of the day-to-day management and development of the structure
The Supervisory Committee is accountable to the General Meeting of Shareholders for its management.
List of members of the Oversight Committee:
- Mr Jean-Paul BERNARDINI, Chairman of the Supervisory Committee
- Mr. Franck Renaudin, Founder of Entrepreneurs du Monde
- Ms Hélène KERAUDREN-BAUBE
- Mr Franz WEIS
- Mr Grégoire HEAULME
- Amundi – Finance and Solidarity
- Cooperative Credit
- Phitrust Partners
He is in charge of monitoring and in-depth study of the institutions supported by Microfinance Solidaire, both on the financial aspects and social performance. It issues opinions to the Supervisory Committee to enable the latter to make informed and informed decisions.
The Monitoring Committee is made up of:
- Ms Julia SAUVAIRE, Entrepreneurs du Monde, President of the Monitoring Committee
- Ms Pauline ANGOSO, Proparco French Development Agency Group
- Ms Sylvie BOURNAZEL, Crédit Coopératif
- Ms. Camille Richer, President and Head of Solidarity Microfinance Operations
- Mr Ian BEST, Entrepreneurs du Monde
- Mr Eric EUSTACHE, Entrepreneurs du Monde
- Mr. Michel GASNIER, Impact Investor and Chairman of the Board of Directors of Entrepreneurs du Monde
- Mr. Leslie Ko, retired from BNP Paribas and volunteer for Entrepreneurs du Monde
- Mr. Xavier THAURON, Phitrust Partners
- Mr. Thomas Thivillon, Research and Impact Studies Solidarity Microfinance
The Monitoring Committee meets approximately 4 times a year. Depending on the topics covered, he regularly invites members of the Entrepreneurs du Monde or ATIA team to benefit from the most complete and up-to-date information possible. Funding partners are also invited to participate in committee meetings.