MicroCred is an investment company created by PlaNet Finance and partner investors: the International Finance Corporation (IFC), Société Générale and AXA Belgium.
Those founding shareholder were joined by the French Development Agency (AFD) and the European Investment Bank (EIB) in 2007 and by Developing World Markets (DWM) in 2008.
MicroCred aims to create a group of commercial microfinance companies offering financial services to low-income entrepreneurs unserved or underserved by the traditional financial sector.
MicroCred invests in microfinance companies and provides them with the technical assistance they need to become leading microfinance institutions in their respective countries.
