At the initiative of the Grameen Crédit Agricole Foundation and Crédit Agricole S.A., skills sponsorship assignments with "Banquier Solidaire" are offered to Crédit Agricole Group employees on behalf of microfinance institutions or companies with a social impact supported by the Foundation. Less than a year after its launch in 2018, the success of the program confirms the commitment and willingness of employees to support projects with a social impact.
Senegal, Morocco, Haiti...: a great success for the first year
This is the first time that a partnership of this type has been launched by Crédit Agricole and the Grameen Crédit Agricole Foundation. The objective is twofold: on the one hand, to enhance the skills of Crédit Agricole Group employees and, on the other hand, to provide additional support to the Foundation's microfinance institutions and partner companies with one- to two-week missions in the field.
In 2018, six missions were launched, three of which were carried out in 2018 and three planned for 2019. For example, a mission took place in Cambodia with the support of Crédit Agricole's International Retail Banking (BPI) to support the human resources management of Chamroeun, a partner microfinance institution serving more than 27,500 clients.
Another mission was carried out in Senegal, in partnership with Crédit Agricole Franche-Comté, in favour of Laiterie du Berger, a social enterprise in which the Foundation is a shareholder. In addition, with the support of the Regional Bank, the Solidarity Banker who carried out the mission left for 2 years to support Kossam, the Dairy's project to structure the dairy sector in Senegal.
A mission launched in 2018 will be carried out in July 2019 in cooperation with Crédit du Maroc and Crédit Agricole SA to improve the Alkarama Foundation's anti-money laundering and anti-terrorist financing systems (AML-FT). The institution currently supports more than 26,200 clients in Morocco.
Another mission launched in 2018 will be carried out in Haiti to support Palmis Enèji, a social enterprise that offers clean and accessible cooking and lighting solutions to Haitian households. Crédit Agricole Corporate Investment Bank supports the Solidarity Banker, who will carry out the entire mission in terms of skills sponsorship.
Cambodia, Kenya, Tajikistan... in 2019 the programme changes scale
To date, four missions are already to be filled in the third quarter of 2019. A mission in favour of Kossam, the Laiterie du Berger project, which aims to develop a sustainable dairy sector in Senegal. The Solidarity Banker will be responsible for supporting Kossam in the deployment of a digital "commcare collection" application.
Another mission is planned to support the financial management and organizational structure of Cirque Phare (PPSE) in Cambodia. PPSE aims to promote the social inclusion and empowerment of young people through Cambodian culture and arts.
A mission will take place in favour of ACRE Africa, which provides crop insurance services to smallholders. The Solidarity Banker will be responsible for analysing the organisation's new business strategy.
A final mission is planned to date to Tajikistan to strengthen Humo's usiness plan, an institution that mainly provides loans to small farmers and entrepreneurs. It has more than 49,600 active borrowers.
Other missions are currently being planned with the support of the Crédit Agricole Group's entities and Regional Banks. With this scheme, the Group reaffirms its commitment to support employees' solidarity initiatives and work alongside the Foundation to promote more inclusive and sustainable finance.
For more information:
Head of Communication and Partnerships, Fondation Grameen Crédit Agricole