Jean-Pierre Klumpp promoted Chief Executive Officer BlueOrchard Finance S.A.
Mr Klumpp is taking over from Jack Lowe, who in turn will remain as President of BlueOrchard USA Inc.
Mr Klumpp is taking over from Jack Lowe, who in turn will remain as President of BlueOrchard USA Inc.
Dexia Micro-Credit Fund receives LuxFLAG microfinance investment vehicle label again
The Luxembourg Fund Labeling Agency (LuxFLAG) renewed the label delivered in 2007 to the Dexia Micro-Credit Fund.
The Luxembourg Fund Labeling Agency (LuxFLAG) renewed the label delivered in 2007 to the Dexia Micro-Credit Fund.
BlueOrchard Finance S.A offsets carbon emissions for 2007 in myclimate’s Indian “electricity from biomass” project
BlueOrchard has compensated 423 tons of CO2 emissions produced in 2007 by air travel and office power consumption by contributing to an Indian project of power production from biomass run under the auspices of myclimate.
BlueOrchard has compensated 423 tons of CO2 emissions produced in 2007 by air travel and office power consumption by contributing to an Indian project of power production from biomass run under the auspices of myclimate.
BlueOrchard’s Jean-Philippe de Schrevel joins World Economic Forum’s Global Agenda Council on Philanthropy and Social Investing
The council, consisting of the 15-30 most knowledgeable and authoritative personalities in the field, will address the crucial challenges of humankind to ensure that connections between global issues are fully explored.
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The council, consisting of the 15-30 most knowledgeable and authoritative personalities in the field, will address the crucial challenges of humankind to ensure that connections between global issues are fully explored.
Mrs. Pachamango and her husband have been selling fruits and vegetables for several years. They started as peddlers selling their wares from a bicycle and have moved to a market stall. Cmac Trujillo has been supporting the businesses in this market for nearly 10 years; this includes a loan to the market's business association to make improvements to the market. Mrs. Pachamango's first loan was for 200 soles, or about USD60; the most recent loan she was offered was for an amount of 10,000 soles, or about USD2,860, to be used for working capital purposes. Thanks to these loans, the business has expanded to four stands in the market and three bicycles for itinerant trading, and hired five additional employees.
Cony Alquiloz is 45 years old and sells shoes in one of the big market of the center of Managua called Mercado Central. She owns three selling points where she proposes a complete range of shoes, from kids shoes to women fashion shoes. She works for 2 years with Findesa, that offered her a line of credit of 1'500 dollars and an ordinary individual loan of 3'000 dollars overs 3 years. She used these facilities to purchase shoes, mainly from Panama, and to acquire 2 new selling points, next to her first shop. She employs now 5 people, who earn a monthly salary of 1'000 Cordobas. Her activity, from 6 a.m. to 6 p.m. each day, allows her to take care of the education of her son.