Microcredit /ˈmīkrōˌkredit/, noun – from micro- + credit ; from Italian credito, ‘debt’.

ECONOMICS  —  The lending of small amounts of money at low interest to new businesses in the developing world.



  • In 2006, the Nobel Peace Prize committee wrote : ‘Lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty. Microcredit is one such means… Development from below also serves to advance democracy and human rights’.

  • Mohammad Yunus, Nobel peace prize and founder of the first microfinance institution, helps poor populations willing to invest durably into a better way of life.

  • Granting small loans at reduced interest rates to micro-entrepreneurs eager to set up their own business.

1 loan = better standard of living for 5 people

  • Microcredit releases an untapped potential : entrepreneurship, and financial creativity from the less fortunate.

  • This activity considerably expanded over the last thirty years. Today there are more than 10,000 Microfinance Institutions (MFI) worldwide. They handle $30 billion and reach over 150 million beneficiaries. However the World Bank estimates a further $300 billion is needed.

Every single loan is therefore as efficient as it is crucial.

Muhammad Yunus & Microcrédit en 4L

Muhammad Yunus & Microcrédit en 4L



We have already gathered the full support of three european leading Microfinance Institutions : BabyloanEntrepreneurs du Monde and the Grameen Microfinance Foundation of the Crédit Agricole (that morally support and advise us). These latter give us the benefit of their comprehensive experience of microfinance by connecting us to their on field partners, allowing us to choose wisely the entrepreneurs. They also offer us a great financial flexibility in fund transfers thus we will be able to reinvest the money elsewhere once loans have been paid back!

2011 annual report : Babyloan accounts for 8,774 loans in 2011 for a total of £2,500,000, distributed throughout 11 countries. Entrepreneurs du Monde has realised a £2,400,000 budget to the benefit of 140,000 people in 12 different countries the same year. The Grameen Microfinance Foundation of the Crédit Agricole has refinanced 14 microfinance institutions in 11 countries and the Foundation’s project committee has approved 5 equity investment projects in 4 Social Business enterprises.


Logo Grameen Crédit Agricole cropped 


With our MFI partners Entrepreneurs du Monde and Babyloan we will choose the microcredit projects to which we want to allocate our micro-loans before our departure, during the journey and the years following our return. The money will be constantly reinvested!



Herebelow are the on field IMF partners of Babyloan that we will support and visit (Cambodia, Vietnam, Nicaragua, Costa Rica, Ecuador, Peru, Senegal and Morocco) :IMF List Babyloan

Herebelow are the on field IMF partners of Entrepreneurs du Monde that we will support and visit (India, Cambodia, Vietnam) :Entrepreneurs du Monde Carte