Welcome to Alterfin

Alterfin is a social investor that, since 1994, raises capital in Belgium to invest it in developing countries via microfinance institutions and producers organisations.

Find out more


Lending grows by over 70% since 2013, yet agriculturalSMEs face ongoing challenges and risks

Alterfin is looking for an Africa Investment Manager to be based in Brussels, Belgium (full time), with frequent travels to Africa.This position involves responsibility for the development and management of loans to MFIs and POs in Africa, through the portfolio management of Alterfin and Fefisol, an investment fund established in July 2011 providing loans

The Council on Smallholder Agricultural Finance (CSAF) will be hosting a “State of the Sector” webinar on Thursday, June 30, 2016 at 10:00 a.m. EDT / 16:00 CEST.

The discussion will feature data and insights on the evolving credit market for agricultural SMEs, including:

In its efforts to improve its functioning, Alterfin’s Board of Directors is looking for two new board members. Find the profiles we are looking for below.


  • 59 million euros invested over 131 partners in 30 developing countries.
  • 50.7 million euros capital brought by over 5.574 co-op members.
  • Alterfin reaches 56.215 people and their families in the South.
  • 66% of the people reached live in rural areas.
  • 60% of the people reached are women.

Discover our social performance

Read our Annual Report