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Newsletter ADA
January 2015

Thank you for your presence and your support in 2014!

On the 15th and 16th of Octobre 2014, ADA celebrated its 20 year anniversary by organising an academic symposium and a photographic exposition dedicated to autonomy.

On the 16th of October over 300 people gathered at the Neumünster Abbey for a conference debate where Marc Bichler, diplomat and former Executive Secretary of UNCDF and Alpha Ouedraogo, former Director General of the Confederation of African Financial Institutions West debated on the theme of autonomy.

The evening continued with a cocktail reception and the inauguration by Mia Adams, founder of ADA, of a photographic exhibition entitled "Autonomy snapshot" by photographer Andres Lejona.

See photos of this event!

 

Highlights of 2014

40% growth in ADA’s investment portfolio!

This was an exceptional year for ADA’s investment portfolio with a 40% growth. The total commitments now amounts to € 16.5 million for a total of 27 MFIs in 14 countries. It is one country more than in 2013 thanks to a new pressence in Morocco with a funding of EUR 300 000 granted to the MFI INMAA and EUR 500 000 to AMSSF .

Thanks to funding from LMDF, ADA supports the development of micro-entrepreneurs in countries such as Honduras, Mali, Niger and the Philippines. In order to achieve the financial and social objectives, ADA selects the highest performing MFIs which impact marginalized communities in their respective markets while achieving excellent financial performance.

A new law covering inclusive finance in Cape Verde

Luxembourg and Praia, Cape Verde - With the passage of this new law regulating the microfinance sector in Cape Verde, the Cape Verdean government, backed by Luxembourg's cooperation program working through ADA, has created a new legal framework that is more conducive to inclusive finance.

Read more

Microfact launches the MFI Factsheet 4.0

Microfact, a joint initiative between ADA and BRS, launched a new and improved version of the MFI Factsheet. The MIS tool is used to track financial performance – and now social performance – of microfinance institutions.

Read more

ADA supports inclusive finance in Central America

ADA is proud to announce the MFIs selected to take part in the REDCAMIF-ADA pilot project « Rural finance and environment » ADA and REDCAMIF are working together with the aim of expanding inclusive finance in Central America. REDCAMIF represents 7 national networks from Central America and the Dominican Republic which total 133 MFIs which serve 1,2 million micro-entreprenours.

Green energy in Peru

During the European Microfinance Week, ADA presented its green energy program for Peru which was compared to others programs conducted in Bangladesh, Mongolia and Peru

Find out more

 

Contact

ADA
39 rue Glesener | L-1631 Luxembourg
Tél.: +352 45.68.68.1 | Fax.: +352 45.68.68.68
www.ada-microfinance.lu | info@ada-microfinance.lu
R.C.S. Luxembourg F199
CCP LU64 1111 1189 2705 0000 | CCPLLULL

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