ADA, Inpulse and the Grameen Crédit Agricole Foundation have collaborated to monitor and analyse the effects of the Covid-19 crisis for their partner microfinance institutions worldwide.
On January 15th, Laura Foschi, Executive Director of ADA, participated in the webinar entitled "Social Response and Microfinance", organized by the Ministries of Planning and Development, Social Affairs and Microfinance of Benin in partnership with the Confédération des Institutions Financières d'Afrique de l'Ouest (CIF).
FUCEC members in Togo trained in the Microvision tool to define their strategy to face the COVID-19 crisis
Brune Obegi and Bernard Georges (ADA) in videoconference with FUCEC staff during the training.
The slowdown in economic activity linked to the COVID-19 health crisis has plunged many countries into recession and, as a result, is undermining the financial stability of microfinance institutions.
In this context, ADA has launched a response programme to help its partners get through the crisis and ensure the continuity of their activities.
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.
Covid crisis highlights urgent need for inclusive finance
Luxembourg / Munich - 2 November 2020. Governments and insurance companies must increase efforts to help millions of low-income people, households and businesses cope with the impacts of the Covid crisis and climate change - or risk exacerbating wealth and social gaps in emerging economies and undermining political and financial system stability.
New interview on October 27th at 12 am on the situation in the world by the LMDF fund.
The Luxembourg fund presents a series of videos on the impact of COVID-19 in the countries where ADA and LMDF operate. The pandemic has certainly changed the way we live here in Luxembourg, but what happens in countries where poverty rates are higher and the informal economy dominates? This series of interviews looks at how micro-entrepreneurs are coping with this changing world.