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Hand-Picked Partners

Once the capital has been raised, it needs to be invested into sustainable projects according to the sustainable development objectives set up by the United Nations (SDGs). Due to the nature of its activities, Alterfin contributes naturally to several SDGs. Thus, by supporting mainly micro-entrepreneurs and small producers engaged in sustainable and family agriculture, Alterfin reduces poverty, hunger and gender inequalities. Alterfin also works for decent work and sustainable economic growth that respects the environment. Here is a step-by-step description of the process Alterfin uses to

'Superfoods' Financed by Alterfin

Tara, chia, quinoa and more. These 'superfoods' are famous for their excellent nutritional value. In the past few years, Alterfin has expanded its range of agricultural products and started financing these superfoods. Let's take a quick tour of our financing rich in protein and amino acids. Alterfin finances 19 agricultural products. Although coffee and cocoa remain the most financed products, new items are being added to the basket. These newcomers include many 'superfoods', such as quinoa, chia, tara or different types of nuts. Quinoa is shooting up Alterfin has been financing quinoa from

Offsetting our Carbon Footprint

ANNUAL CO2 EMISSIONS PER FULL-TIME EQUIVALENT EMPLOYEE The environmental awareness of our cooperative is reflected even in its day-to-day practices. Specifically, the Alterfin team has adopted a sustainable approach to its internal operations. For example, we consume certified products every day, sort our waste and use recycled paper and ecological cleaning products, as well as opt for low-impact mobility. The recruitment of local staff in the regions where we operate, which has enabled us to considerably reduce our air travel, also illustrates our will to reduce our carbon footprint. Our

Long-term collaboration with BIO and EDFI AgriFI

▪ EDFI AgriFI and BIO each commit to finance the equivalent of EUR 3 million in USD to reinforce Alterfin’s sustainable agriculture and microfinance portfolios. ▪ EDFI AgriFI and BIO’s combined investment will provide Alterfin with long-term financing to support its expansion in Africa, Latin-America and Asia. The financing from BIO will likely also be accompanied by technical assistance, a first for Alterfin. Brussels, 17 August 2020. EDFI AgriFI (AgriFI), the Agriculture Financing Initiative funded by the EU, and BIO, the Belgian Investment Company for Developing Countries, invested the

CADESA: sustainable cocoa production

In Belgium, chocolate is a part of everyone’s daily life. This delicious treat can be found in every cupboard. A huge range of products is available, sold everywhere from supermarkets to Belgium’s famous chocolate shops. Indeed, consumers may well assume that its production is consistent and stable. However, passionate industry advocates have warned of threats to quality cocoa production for several years. Various issues have been widely discussed, including climate change, growing global demand (with Asian countries among chocolate’s new consumers), and local economic reasons. The cocoa

Ananas Anam: a leather made with plant fibers

Alterfin is proud to introduce one of its new partners in the textile industry: Ananas Anam UK. Founded in England in 2013, Ananas Anam UK is a company that has developed a sustainable textile made with pineapple leaves. These leaves are usually discarded, burned, or partially used for composting. Production begins by extracting fibers from pineapple leaves. These fibers are cleaned and dried before being pressed in the Philippines: they will become the raw material. The fibers are then biologically coated in several stages in a specialized plant in Spain. The finished textile is then sold to

SCEB During the COVID-19 Pandemic

In these times of crisis, SCEB has upheld its commitment to the health of its farmers. The cooperative distributed hygiene kits to all its members to ensure that local communities can meet the necessary standards to fight the pandemic. This donation was made using part of the Fairtrade bonus from SPP certification. The current health crisis should not prevent the cooperative from exporting the expected volumes of cocoa, thus ensuring a source of income for its members with the help of Alterfin’s funding. Find out more about SCEB You can also find out how CADESA another Ivorian partner within

SCEB: a unique organic cooperative in the Bandama region

The story of SCEB, the acronym for Société Coopérative Equitable du Bandama or the Fairtrade Cooperative Company of the Bandama Region, began in 2006 when ten cocoa producers refused to be underpaid and gradually left their commercial organization. With the help of two NGOs, they joined forces with Ethiquable, which supports their work of producing certified Fairtrade and organic cocoa, a first in Côte d’Ivoire! The cooperative was officially founded in 2010 with 38 producers. At first, producing organic cocoa was not easy in a country dominated by intensive farming. However, farmers’

CADESA During the Covid-19 Pandemic

In the wake of the Covid-19 pandemic, CADESA has used a part of its Fairtrade bonus to purchase and distribute 400 small water tanks and soap to all its members, and has distributed food to its most vulnerable members. In addition to distributing these items, it organized training sessions to help local communities learn about and implement the necessary safety measures to contain the pandemic. Events like these are necessary to raise awareness, particularly in the remote and rural areas where CADESA operates and where local authorities’ actions are very limited. A positive example of local

Renewal of Recognition as a Development Fund

Since 2010, Alterfin is as a Development Fund in Microfinance recognised by the Belgian Ministry of Finance. Since then, anyone investing in Alterfin's shares and meeting the conditions has enjoyed a capped 5% tax reduction . This approval was given for a period of five years. We received confirmation of the renewal of this agreement for Alterfin until 2024. The tax benefit for our members has thus also been extended until 2024 . In practical terms, this represents a financial advantage for our members (who satisfy the conditions). Above all, though, it means more resources for Alterfin,

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