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Live: 12 loans to fund

This month: 42 loans funded thanks to 290 Babyloan lenders

Overall funds raised: 24 million euros!

ACTED (founder)

ACTED (Agency for Technical Cooperation and Development) is a NGO created in 1993. Independent, private and non-profit making, ACTED acts in accordance with strict political and religious impartiality, and works according to non-discrimination and transparence principles. ACTED is firstly destined to support vulnerable people, in particular in emergency and conflict situations. ACTED launched microfinance activities in order to promote economic and social development of people in post-conflict situations. Acted brings its skills to the project in the field of microfinance.

Babyloan is a social business founded by Arnaud Poissonnier, which combines microcredit, solidarity finance and crowdfunding. On Babyloan you make a solidarity loan: you choose a micro-entrepreneur in Europe, Asia, the Arab World, Sub-Saharan Africa or Latin America, who pays you back every month of your loan. In line with the idea of Muhammad Yunus, and his Grameen Bank, we are developing a social microfinance program for microentrepreneurs (mainly women) excluded from the banking system. While the impact of microcredit is complex to measure, we focus on lending low-cost money to our partners, Microfinance Institutions, in order to lower their interest rates. On Babyloan, you can also offer a solidarity gift, or develop your company's CSR approach, via our solidarity challenge platform in particular.

Babyloan edited by ABC Microfinance is registered as Intermediary in Crowdfunding to ORIAS under the n°17005376

ACTED (founder)

Babyloan

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