FAST: Impact of Investments in Sustainable Agriculture

Saúl Castro, portfolio manager Latin America at Alterfin, was appointed vice-chairman of the Board of Directors of FAST (Finance Alliance for Sustainable Trade) on 27 September. Saúl Castro has been a member of the FAST Board of Directors since 2010. Launched in May 2007, FAST is a non-profit organisation bringing together a diverse group of stakeholders, working collectively to bridge the financing gap in the sustainable Small and Medium Enterprise (SME) finance sector. FAST facilitates efficiency, transparency, and stability in financial markets for sustainable SMEs by providing objective

Alterfin's capital reaches EUR 30 million

2013 is an important year in Alterfin's history: on 30 August we hit the EUR 30 million milestone. In the space of eight months the capital increased by EUR 5 million or a 20% increase in other words. And in the space of just over two and a half years the capital has doubled! The number of partners also continues to grow. In 2013 Alterfin already welcomed 381 new shareholders, an 11% increase. Alterfin now has 3,775 partners in all. With the raised capital Alterfin is able to continue financing its partners and invest in new microfinancing institutions and farmer's organisations in the South

And the Winners Are...

Alterfin partners win prizes. Over the last few weeks three partners were awarded prizes for their exceptional work. Juhudi Kilimo received yet another award Juhudi Kilimo, partner of Alterfin for two years already, won the "CIO 100" award. The “CIO100 Awards” honour 100 Kenyan companies which are models for the strategic partnership between new technologies and the business community. For more than a year this MFI has used a 'mobile banking' module to manage credit in the countryside. Second award for our partner Fundación Espoir Just like last year, our partner Fundación Espoir came 2 nd in