ADA - LMDF
Investors
General information
Description
ADA, an expert in inclusive finance and a driver of partnerships and innovation. ADA (Appui au développement autonome) is a Luxembourgish, non-governmental organisation that has been increasing the autonomy of vulnerable people in Africa, Central America and South-East Asia with inclusive finance since 1994, thereby contributing to achieving the sustainable development goals.ADA leverages its resources and expertise to innovate, support local partners, implement technical support programmes, give investment advice and manage knowledge to positively and sustainably impact targeted populations. ADA’s activities focus on three main topics: youth entrepreneurship, agricultural and forestry value chains as well as access to basic services. These activities touch upon three transversal themes: climate change, gender and the use of digital technologies.
Country of origin
Luxembourg
Founding year
1994
Contact person
Name
Simone UCCHEDDU
Job title
Head of Investment
E-mail
s.uccheddu@ada-microfinance.lu
Investors information
Type of financed institutions
TIER 1 MFITIER 2 MFITIER 3 MFIBanques
Types and timeframe of funding instruments
4-7 year debt4-7 year subordinated debt
Examples of financed MFIs
Pebco, Bénin
LAPO, Sierra Leone
Sinapi, Aba, Ghana
AMSSF, Maroc
EdPartners, Kenya
Yehu, Kenya
MKOPA, Kenya
AMZ, Zambie
SIPEM, Madagascar
Vahatra, Madagascar
Bimas, Kenya
AMSSF, Maroc
Currencies
EURUSDLocal currency
Eligibility criteria for MFIs
- A strong social mission
- A total balance sheet below 50 million EUR and above 1 million EUR
- A profitable activity or one that is close to profitability
- A debt / equity ratio below 5
- At least 80% of the portfolio financing income-generating activities (IGA)
- Audited accounts
Minimum amount invested (in EUR)
200.000
Maximum amount invested (in EUR)
2.000.000