PlaNet Finances

PlaNet Finance is a Organization of international solidarity, of which the mission is to reduce poverty in the world by the development of Microfinance, founded in Paris in 1998 by the economist, humanistic Jacques Attali.

By supporting the access to the finance departments of the poorest populations, the Financial Intermediaries, among which the Banks, the Co-operatives, the Governmental organizations (ONG) and the Institutions of Microfinance (IMF) have proven for thirty years that they constitute one of the most effective instruments in terms of fight against poverty.

PlaNet Finance supports these institutions and accelerates their growth by federating them and in their providing services enabling them to reinforce their financial technical capabilities and their resources. PlaNet Finance also works with the private sector (banks, financial institutions), with international organizations and governments in order to accelerate the perenniality of the sector of Microfinance.

PlaNet Finances, based in Paris, acts in more than 60 countries and with creates a global area network of organizations affiliated in the countries in the process of development, in particular in Latin America (Mexico, Brésil, Argentina), in Asia (India, China, Japan, Nepal), in Africa (Senegal, Bénin, Western Africa) and in the Middle East and North Africa (United Arab Emirates, Morocco, Egypt). Offices in Europe (the United Kingdom, Italy, Spain, Portugal, Belgium), in the United States support the network.

Since its creation, PlaNet Finance set up of many development programs around the microfinance in partnership with local organizations partners. In particular, a strong stress is laid on the reinforcement of the existing activities of microfinance, the use of the networks of microfinance to work on broader sets of themes of development (education, health, environment, access to water and electricity) and the launching of new activities meeting the needs for most underprivileged.

The activities of support to the sector of the microfinance of PlaNet Finance are the following ones:

The Council and formation

1. The Council provided to:

Institutions of microfinance PlaNet Finance supports the development and the reinforcement of the capacities of the IMF since their creation. A large range of institutions (institutions of saving and credit, co-operatives, IMF regulated, IMF having the statute of ONG, banks, etc) profits from an technical assistance and councils.

Networks of institutions of microfinance PlaNet Finance gives its support for domestic networks of microfinance within the framework of programs of partnership aiming to provide them technical support and training services, to enable them to diversify their offer in order to better meet the needs for their customers, to increase the transparency and to support the diffusion of information and better practices (thanks to the creation of gates and resource centres and formation), to help them with the definition of suitable regulation frameworks or national strategies and to propose ad hoc public awareness campaigns for their members.

Institutions APEX & development banks PlaNet Finance proposes consulting services at institutions APEX like at development banks, aiming particularly at helping them to identify the institutions of microfinance which need support, to follow the wallets of microfinance, to improve competences of the personnel evaluation follow-up of the services of microfinance, to improve their total knowledge and their contact with the ground and to develop specific products. Trade banks and financial institutions PlaNet Finance brings technical support and councils at the banks and financial institutions in order to enable them to serve the microentrepreneurs directly, by services of “downscaling”, the assistance to refinance IMF while enabling them to identify effective partners in microfinance and reinforcing these partners, to create tools of refinancing for sector (funds of investment of microfinance, etc), form their persons in charge of credit to specificities of the microfinance in order to enable them to correctly evaluate their engagements with respect to the IMF.

Governments & central banks The experts of PlaNet Finance give their support for the governments with regard to the implementation of measures aiming at reducing poverty thanks to the development of the microfinance and with the accompaniment to define a “national strategy for the development of the microfinance”, bring the customer support necessary to them to the implementation of adapted payments, accompany by the central banks as regards formation for the supervision of the activities of microfinance, as certain ministries for the use of the microfinance within the framework of their projects.

Microentrepreneurs PlaNet Finance organizes many formations intended directly to the microentrepreneurs and on very varied topics: basic principles of the microfinance, human stock management, good governance, microassurance, analyzes financial, internal control, evaluation and followed appropriations. These formations help the microentrepreneurs to develop their community activities.

Microfinance More

The programs Microfinance Plus PlaNet Finance are centered on the use of the microfinance like tool to bring more than of the most stripped finance departments to. The programs Microfinance Plus follow the following lines of action: Microfinance & Health, Microfinance & Natural disasters and Microfinance & Tourism.

Reinforcement of the sector

PlaNet Finances implement various types of actions which benefit the unit from the sector: creation of power stations of the risks, creation of gates Web of the microfinance, publication of professional reviews, organization of professional events, support as regards TIC and coordination of an international platform of the microfinance.

Formation

The activities of formation of PlaNet Finance are organized according to a curriculum vitae especially designed, used within the framework of training programs individual, university programs, activities of formation on line, conferences and seminars.

Market and impact study

Impact - Knowledge - Market (IKM) is a tool of evaluation and formation intended to the IMF and for the national organizations and international. Its objective is to provide information and to make recommendations aiming at reinforcing the viability of the IMF, to help them to produce their social objectives and to support the design of development policies of the microfinance and the small company. IKM uses qualitative and quantitative methods in a participative and multidisciplinary approach. IKM rests on three principal components: the knowledge of the customers, the market research and the evaluation of impact.

Planet Rating

Planet Rating is an credit rating agency which became a subsidiary company independent of PlaNet Finance in 2005. Planet Rating led of the missions independent of evaluation and notation of Institutions of Microfinance (IMF), distributes the results of these missions, proposes personalized services of evaluation, and animates training courses. These services are based on methodology GIRAFFE, a complete methodology of evaluation and notation conceived to answer specificities of the IMF.

Financing of IMF in debt by the means of:

- PlaNet MicroFund PlaNet MicroFund is funds internal with PlaNet Finance which has the role to finance young people or small IMF for the transitional period towards the access to the local or foreign markets of debt. These institutions are rigorously selected according to social criteria, of financial and organisational solidity. PlaNet MicroFund aims to accompany and encourage the most promising IMF.

- PlaNet responsAbility For the tested IMF and of bigger size, PlaNet Finance is “partner of investment” of one of the principal Switzerland funds dedicated to the microfinance and orchestrated by responsAbility, specialist in investment social. Within this framework, PlaNet Finances offer and arranges financings of amounts raised for these IMF.

Microcred

Created by PlaNet Finances, MicroCred is an investment company whose mission is to create a group of commercial institutions of microfinance, in order to allow the contractors living in the developing countries and having low-incomes, to reach at finance departments. To date the MicroCred group is already present at the Mexico, Madagascar and considers the opening of three new institutions in 2007.

Useful bonds:

Site of Planet Rating HTTP: /www.microcred.org/

Site of PlaNet Finances HTTP: /www.planetfinance.org/

Site of MicroCred HTTP: /www.microcred.org/

Site of MicroCred Mexico City HTTP: //microcred.com.mx/

Site of MicroCred Madagascar HTTP: /www.microcred.mg/

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Argentina

China

Germany France

Italy

Japan

Morocco Carried out Portugal Senegal The U.K. UAE US Gifts

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