The signatories agree to coordinate policies, technical assistance and resources to help microfinance institutions face the crisis.

On the initiative of the Grameen Crédit Agricole Foundation, a group of lenders and key players of the inclusive financial sector committed to a common pledge: “Key principles to protect microfinance institutions and their clients in the Covid-19 crisis”. Since its publication, 26 organizations have signed the common Pledge that aims to guide stakeholders to better support microfinance institutions and vulnerable clients during this crisis.

If you wish to sign this common Pledge, please visit the dedicated page on the Covid-Finclusion website.

To answer one of the key principles of the Pledge, ADA is leading a Coordination group dedicated to social investors and NGOs active in microfinance.


COVID-19 crisis

Covid-19 affects MFIs of different sizes in different ways

ADA, Inpulse and the Grameen Crédit Agricole Foundation have joined forces to closely monitor and analyse the effects of the COVID-19 crisis among their partners around the world.

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How ADA is tackling the Covid-19 crisis

From Luxembourg, ADA has leveraged all its resources to keep current projects ongoing as much as possible, as well as designing and implementing responses to the Covid-19 crisis as soon as possible.
 

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Our partner MFIs' perspective on the Covid crisis-19

ADA, Inpulse and the Grameen Crédit Agricole Foundation have joined forces to hear from their MFI partners and to better understand the impact of the covid-19 crisis from the perspective of financial service providers.

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ADA leveraged EUR 1 million to help its partners overcome the crisis!

ADA, with the aid of the Ministry of Foreign and European Affairs of Luxembourg, has set up a response programme to help its partners get through the crisis. This programme offers them the possibility of receiving a grant, on the one hand, to finance technical assistance to design and implement the solutions needed to adapt to the context created by the epidemic and, on the other hand, to finance the purchase of health equipment or computer to facilitate the continuity of their activities.

 

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Participate in the e-MFP survey on the sector's challenges and priorities

This is a special edition of the survey for "The Covid-19 Financial Inclusion Compass."

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What are the consequences of the COVID-19 epidemic on SMEs in Senegal?

Discover the testimony of Karim Sy, founder of Jokkolabs, the first network of hubs in Africa, and president of Digital Africa.

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