ADA encourages public-private partnerships in microfinance. ADA raises interest organizations, issues or not microfinance, to put them in contact. By pooling their skills, partners create stronger projects, thereby strengthening the entire microfinance sector.
Upon request, ADA can bring support and advice to NGOs or institutional organizations wishing to develop a microfinance component in their activities.
As new and pioneering ideas in his field promoter, ADA is open to the creation of new partnerships, provided that the quality and respect for the interests of the microfinance sector are met.
Luxembourg Development Cooperation stands firmly at the service of the eradication of poverty, especially in the least developed countries. His actions are primarily in the implementation - 2015 - the Millennium Development Goals. Thus, the main areas of intervention of cooperation are in the social field: health, education, including training and job placement and integrated local development. Relevant in the field of microfinance initiatives are encouraged and supported, either conceptually or operationally.
ADA participates in the implementation of Tunisia MicroMed program, an initiative launched by the EIB and the Directorate for Development Cooperation and Humanitarian Affairs of Luxembourg to promote the growth of the microfinance sector in the country. This initiative is supported by the FEMIP Trust Fund, created in 2004, whose main objective is to support the development of the private sector in the Mediterranean partner countries.
MicroMed is implemented in partnership with the Tunisian Republic.
BDL offers a full range of investment vehicles specialized in impact financing, reflecting the jurisdiction of the Luxembourg financial center for investment funds. Banque de Luxembourg has always behaved as committed and responsible player in the Luxembourg community. BDL particularly wanted to contribute to the development of philanthropy in Luxembourg, social entrepreneurship and impact financing. Its support to ADA within the Midi de la Microfinance fits into this context.
Cercle de Coopération (NGO federation)
ADA is a member of the “Cercle” of development NGOs in Luxembourg. The purpose of the “Cercle” is to represent its 75 members before public authorities, to identify and support synergies between these NGOs and to disseminate information to the public and the legislative bodies concerning the development efforts and issues advanced by the NGOs.
Etika (Initiativ fir Alternativ Finanzéierung) is a non-profit association whose mission it is to promote ethical investments, particularly through alternative vehicules, such as microfinance funds. Etika promotes savings products for a public interested in supporting social and responsible projects.
The House of Training offers a very broad range of training modules and programmes in a large variety of sectors and domains, especially in the financial area. In order to ensure that all courses are updated and correspond to the needs of employers and employees, the House of Training is working closely with a large number of federations, professional organisations and public institutions. With regard to its international activities, the House of Training seeks to be the partner of choice for the Luxembourg state, in the field of knowledge transfer from its economy to its selected development partner countries.
The Luxembourg Fund Labelling Agency (LuxFLAG) is an independent, non profit association created in Luxembourg in 2006 by seven partners, including ADA. The Agency aims to promote the raising of capital for microfinance by awarding a recognisable label to eligible Microfinance Investment Vehicles (MIV).
In 2005, the centenary of Rotary International coincides with the UN International Year of Microcredit. The Rotary Clubs of Luxembourg were united then to collect over € 100,000 invested via ADA in three MFIs in Southeast Asia. In 2014, the twelve Rotary Clubs of the Grand Duchy of Luxembourg have signed a new partnership with ADA of € 250,000 over three years to promote the professional integration of young people in West Africa.
ADA and the University of Luxembourg have signed a partnership agreement in 2016 which provides for the creation of the Chair in Inclusive Finance Law in the Faculty of Law, Economics and Finance. The need for a Chair in financial law, specializing in inclusive finance is particularly important as 50% of microfinance funds are domiciled in Luxembourg.
African Microfinance Transparency Forum
Financed by ADA and the Luxembourg Cooperation, the African Microfinance Transparency Forum (AMT) acts as a discussion platform where MFIs and rating agencies can come together to discuss the process of microfinance ratings. The purpose of AMT is to promote transparency by African microfinance institutions and to help strengthen their capacities in order to better fight poverty.
BRS is the international social arm of KBC financial group. Over the years, BRS and ADA have combined their expertise to develop tools to strengthen the capacity of MFIs. The flagship of this collaboration tool is Microfact, a monitoring tool of financial and social performance of MFIs. ADA and BRS also collaborate in organizing of the Midis de la microfinance et de l'inclusion financière
The ADA-ADMIN consortium took over the training modules management mandate developed by CGAP for the microfinance sector in Francophone Africa. ADA collaborates with CGAP to the production of publications and workshops, especially during the African Microfinance Week.
CIF - Financial Institutions Confederation of West Africa
ADA is a strategic partner of the CIF, a grouping of six authorized federations of mutual savings and credit in West Africa. ADA and CIF have created a microinsurance company in Burkina Faso. At its launch, 400,000 clients of CIF systems were covered by credit insurance product refund.
EVPA is a membership association made up of organisations interested in or practicing venture philanthropy and social investment across Europe. Established in 2004, the association is a unique network of venture philanthropy organisations and others committed to practicing and promoting high-engagement grant making and social investment in Europe.
ADA is working with FAO in the areas of rural microfinance and financing value chains in agriculture.
In 2012, the governments of Luxembourg and Cabo Verde signed an inclusive finance development project in the third Indicative Cooperation Programme. Cabo Verde is one of the priority countries of the Luxembourg Development Cooperation. As part of this project, ADA is responsible for the development of inclusive finance sector.
ADA is a strategic partner of REDCAMIF network.
Every year, ADA and SEEP organize Regional Network Summits, workshops dedicated to networks and organized by region. These regional summits gather together MFI networks and professional microfinance associations to discuss about issues specific to their region sector.
ADA collaborates regularly with the SPTF, whether for publications such as the Universal Standards Guide or workshops and trainings.
We collaborate with many other universities, including:
Sacred Heart University, Luxembourg School of Finance (LSF), Université Libre de Bruxelles, Université de Mons, Université Paris-Dauphine, Université d’Anvers, Université de Lorraine, European Inter-University Centre (Venice), Université Centro Américaine (Nicaragua), Université Galileo (Guatemala), Centre Mohamed VI (Morocco), Université Catholique d’Afrique Centrale (Cameroon), Université Catholique d’Afrique de l’Ouest (Togo), Centre for European Research in Microfinance (CERMi).
La Maison de la Microfinance hosts multiple entities active in the area of financial inclusion:
The European Microfinance Platform network of which ADA is a member.
The InFiNe.lu network : ADA is part of its Board of Directors.
The LMDF: ADA is part of its Board of Directors and advises funds in investments in MFIs.
ADA is also a member of Microinsurance Network.