Luxembourgish insurance sector explores ways of strengthening the social aspects of their ESG commitments with international inclusive insurance experts.
ADA has published the annual report 2021 for the SSNUP programme. In 2021, the programme approved 14 projects supporting 30 SMEs, farmer cooperatives, microfinance institutions and insurance companies in 15 developing countries.
In addition to providing an overview of our activities in 2021, ADA’s annual report contains information on the projects which were implemented under our last strategic plan which ran from 2018 to 2021.
ADA has assisted the MFI in its needs analysis, leading to a certain number of processes such as credit approval being transformed with the new configuration of the Musoni platform.
2021 marked the fourth and final year of ADA’s strategic plan which had been initiated in 2018. Throughout this period, ADA supported microfinance institutions (MFIs) in providing financial services (mainly agricultural loans and insurance products) to their target populations.
In June, Luxembourg’s Prime Minister Xavier Bettel and the Minister for Development Cooperation and Humanitarian Affairs Franz Fayot visited Niger to meet the authorities there to discuss access to basic services and financing for women, young people and agricultural sector stakeholders.
ADA (Appui au développement autonome) is a Luxembourgish non-governmental organisation that strengthens the autonomy of vulnerable people by leveraging inclusive finance to improve their living conditions.
The Certificate in Inclusive Finance Law and Regulation will take place at the Faculty of Law, Economics and Finance of the University of Luxembourg, from 16 to 26 January 2023. Apply before 1 October.
ADA not only supports individual microfinance institutions, it also helps regional and national networks to strengthen local and national microfinance sectors.
The six-month project co-funded by SSNUP aimed to increase the quantity and quality of rice produced in Northern Senegal, thereby increasing both the revenue and the food security of the local smallholder rice farmers.