Babyloan collabore avec 14 institutions de microfinance

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HOW TO BECOME A WORD FROM
A PARTNER THE PRESIDENT
PartnershiP conditions
The potential MFI partner must meet the minimum criteria
defned by Babyloan:
- Minimum loan outstanding portfolio: 200.000 €
- Minimum number of active clients: 2.000 clients
- 3 years of experience minimum and 1 year of audited financial statements
- Legal authorization to run activities in the country in addition to the
ability of receiving and sending funds in Euro on a monthly basis.
- Being referenced on the Mix Market
Babyloan was created in 2008 by two social t hen Babyloan assesses the utility and relevancy of the partnership
by selecting MFis with genuine funding needs and signifcant entrepreneurs, Arnaud Poissonnier and Aurélie
social impact.
Duthoit, with the support of the French NGO ACTED
There after, a global evaluation of the MFI is performed and the potential and the banks BRED and Crédit Coopératif.
partnership is assessed. Babyloan performs an audit on the feld and
studies the governance and organization quality, the country risk and
pays particular attention to the MFI social performance: the MFI’s vision “Babyloan works in an original way by choosing
and mission, the social responsibility of the organization (towards to involve the general public in the development of
clients, community, personnel, environment, etc.), the quality and
microfnance and fnancial inclusion in the world. adaptation of the services/products it ofers, etc.
This approach is based on solidarity loans,
MFi selection Process is Built on several stePs:
an innovative and efective concept that allows private
1. The MFI connects with Babyloan:
individuals to support unbanked microentrepreneurs.
The MFI situation and the potential of a future partnership are pre-assessed
Babyloan’s goal is to combine fnancial matters and and Babyloan visits the MFI.
social concerns: to do so, the organization takes part 2. The application fle is analyzed:
The analysis is performed internally and takes into account the financial, social in the development of a more human capitalism
and organizational aspects of the MFI as well as its governance and the local
by expanding a genuinely social microfnance.
context. Then the MFI is introduced to Babyloan Selection Committee.
3. The selection committee gives its approval:
Today Babyloan.org is the largest social lenders The selection cee is composed of independent professionals
from the fnance and microfnance sectors. The Selection Committee community in Europe.
gives a fnal assessment on the MFI potential and the global risk
Babyloan’s mission is to support microentrepreneurs
of a partnership.
all around the world by establishing partnerships
4. The MFI starts working with Babyloan:
with microfnance institutions.”Once the MFI application fle is approved by the selection committee,
the MFI ofcially becomes a Babyloan partner and the frst descriptions
arnaud Poissonier
of the clients’ projects are published online. President
5. Babyloan performs monitoring:
Our MFI partners are assessed and monitored on several aspects:
fnancial situation, social performance, governance, country risk and
context. This data is requested by Babyloan in the quarterly and yearly
reports; the monitoring work is performed whether by the Babyloan
team or by volunteers – who are correspondents on the feld.
micro credits, great stories
14, impasse Carnot
92240 Malakof – France micro credits, great stories
contact@babyloan.orgE
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BABYLOAN’S THE
MISSIONS ADvANTAgES
towards microentrepreneurs: Allow them to have access to microcredit in better conditions Babyloan operates in the microfnance OF A
thanks to lower interest rates, protection from overindebtness, access to appropriate products, sector and provides support
assistance to carry out their projects, etc.
to Microfnance Institutions. PARTNERSHIP
Also it aims at involving the general towards our partners on the feld, the Microfnance institutions (MFis): Allow them to have
public to make them actors in the access to an attractive source of fnancing and support them thanks to a personal and sustainable WITH
partnership for them to expand while respecting their social mission.development of microfnance
towards the general public: Make it aware of the benefcial efects of social microfnance BABYLOAN
and of a new way to share and to promote solidarity.
Funds collected volunteers on the Field Babyloan supports Microfnance
MFIs can receive volunteers sent by Babyloan on the online PlatForM Institutions in their growth by
The funds collected on the website are sent for a 6-month period. Their mission is to help providing them a low-cost source
the MFI in all the operations linked with the to MFIs in the form of a consolidated balance:
Displays and chooses of fnancing and long-term total of the collected funds less the owed partnership and any other project carried out
partnership, which allows them by the MFI. reimbursements. These funds are transferred
Finadev, Babyloan’s MFI partner in Benin: “Our in Euro each month and are subjected to to have a more signifcant
Online Money management fees charged to the MFIs; these volunteer quickly acquainted himself with the
Microcredit impact locallypayment transfer work on the field. He was a diligent and dynamical fees are calculated according to the loan out-
standing reached at the end of each quarter young man who carried out his mission in a
very efcient way. We were particularly happy and are charged according to a fee schedule.
with the reports about insurance products he They generally account annually for 2.5% of
the outstanding amount of funding collected handed over.”
on the website for the MFI.
More visiBility
a source oF Financing on international networksReimbursement Reimbursement Reimbursement
oPen to sMall and MediuM MFis Babyloan’s MFI partners beneft from larger of lent amount + interests
Babyloan is willing to support MFIs that experience visibility on international microfinance networks
difculties in fnding funding, especially small and from the general public by being displayed HOW DOES ones. Moreover, Babyloan helps MFI evolving on the online platform Babyloan.org.
in difcult contexts or coming out of crisis.
Since July 2011, Babyloan has been supporting a n extra source o F Financing, BABYLOAN
ASALA, a MFI located in Gaza and Westbank the Ba ByFund Fixed r ate 2013
which is 100% dedicated to women and working Babyloan provides its partners with a comple-
at the heart of the Israeli-Palestinian confict. mentary line of credit refundable in April 2013: WORK?
the Babyfund Fixed Rate 2013. This line of
a suPPort adaPted credit involves the intermediation of a French The peer-to-peer concept aims BaByloan is an innovative source oF Financing: to the MFi ’s needs or European organization labeled as a “social
w hat is the aim of peer-to-peer lending?at connecting individuals. MFIs have access to custom-made tools to company”. It is a Common Investment Fund
Thanks to Babyloan’s online platform, private individuals can lend money to microentrepreneurs With Babyloan people can lend manage their daily relationships with Babyloan (FCP) 90-10, 10% of which are dedicated to the
in developing countries and in France. Peer-to-peer lending allows internet users to choose the
and the profle import process on the platform. fnancing of Babyloan’s partner MFIs. This fund to microentrepreneurs in order project and the person they wish to support. Babyloan devotes special attention to its is managed by Ecof Investments, a subsidiary to support their projects
relationships with its partners on the feld; of the Crédit Coopératif.
how does peer-to-peer lending work?
Babyloan is always looking forward to improving One of our historical partners, Chamroeun in
The internet user chooses the project he wants to support, lends money (20€ minimum) and is
its services – especially social services – and to Cambodia, benefted from the Babyfund Fixed
paid back every month according to the amount and the duration of the loan.
adapt to their needs throughout the years. Rate 2013 for 150,000€.
To that end, Babyloan’s Microfnance Institutions partners (MFIs) send descriptions of their clients’
projects, which are refnanced on the website by the general public.
These profles give a general overview of the microentrepreneur’s life, his project, his photograph
as well as the amount and duration of his credit.
Hence, the internet user is given various and complete pieces of information so that he can choose
the project he wants to support.
Ba Byloan is a low-cost source o F Financing:
The loans carried out by internet users are interest-free. Thus MFIs have access to a philanthropic
resource compared with other commercial sources of fnancing.
micro credits, great stories
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