In 2000, the cooperative Alterfin, in collaboration with its development cooperation partners (including the NGO platform 11.11.11, Oxfam Solidarité and SOS Faim), created the non-profit organisation Alterfin Guarantee Fund. Its role is to support partners in the South that lack sufficient guarantees or require financing in local currency, by providing guarantees or currency hedging solutions, in order to facilitate their access to financing and hence the development of their activity. Unlike the cooperative, this fund is supplied entirely by donations. Currently, the Guarantee Fund has EUR 1