FIG’s News

Deals

  • Tuesday 14 November 2006, 16:55
  • More IAF support for FIGAL
  • In October, the Inter-American Foundation (IAF) in Washnington DC has approved the increase of its inv...

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FIG (Fonds International de Garantie) is a non-profit guarantee fund based in Geneva, created in 1996 by organizations in Europe, Latin America and Africa. FIG's mission is to help Microfinance Institutions (MFIs) and agriculture cooperatives in the developing world obtain local currency loans from local commercial lenders.

By providing bank guarantees to MFIs, FIG expands the resources available to small entrepreneurs, thus promoting development and fighting poverty.

Since its inception, FIG has assisted 53 MFIs and agriculture cooperatives across 17 countries in Latin America and Africa, and helped to create over 250,000 jobs.

FIG receives funding from public development organizations, private foundations, and socially responsible investors.

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