*Entrepreneurs du Monde is a non-profit organisation founded in 1998, based in France. Its mission is to contribute to improving the living conditions of families who live under the burden of daily insecurity created by poverty ; this is done by providing them with permanent access to modest ...
Read more*Entrepreneurs du Monde is a non-profit organisation founded in 1998, based in France. Its mission is to contribute to improving the living conditions of families who live under the burden of daily insecurity created by poverty ; this is done by providing them with permanent access to modest capital (average loan amount : 138 €), small-scale savings, training and face-to-face assistance.
Entrepreneurs du Monde lends technical, operational and/or financial support to partner organisations in West Africa, Asia and Haïti. It currently operates in 10 developing countries (Benin, Burkina Faso, Cambodia, Ghana, Haïti, India, Mongolia, Myanmar, Philippines, Vietnam).
However, the recent proliferation of operators offering access to microcredit in urban zones has spurred Entrepreneurs du Monde and its partners to revisit their methods. Too great a supply, that is, an excess of available microcredit which is poorly supervised by local legislation, can actually do more harm than good for these families, who tend to take out several loans from various operators and then find themselves deeply in debt.
Bearing this in mind, Entrepreneurs du Monde first focuses on strengthening and increasing supplementary services offered in tandem with micro-loans, such as savings accounts, training, personalised monitoring and intensifying the services designed specifically for families in extremely difficult circumstances. At the same time, all partner programmes have been equipped with tools for measuring poverty in order to determine exactly which families to target and what progress they will make for the duration of the assistance the MFI provides.
In 2008, Entrepreneurs du Monde supported 16 partners in 10 countries and the number of microentrepreneurs increased from 18,000 in 2006 to 33,000 in 2007 and to nearly 50,000 in 2008.
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