In this edition, we're sharing a profile on Baobab Senegal, a deposit-taking Microfinance Institution that works to provide accessible services that help underserved clients tap into their full entrepreneurial potential, regardless of financial status. We also share the story of Matar, a shoe merchant and Baobab Senegal customer who is making a name for himself in retail.
depositors reached by the 19 companies Abler Nordic is invested in
invested since 2008 in 'Least Developed Countries' specifically in Cambodia, Mali, Myanmar, Rwanda, Senegal, Tanzania and Uganda
Examining Household Impact - 60 Decibels Microfinance Index
Understanding how being a client of a financial inclusion institution correlates to changes in household well-being is one of the important questions we examine as part of our series on insights from the 2022 60 Decibels Microfinance Index. Abler Nordic is a founding partner of the Index and we supported four of our portfolio companies in participating.
Advancing SDGs for Financial Inclusion
The 17 Sustainable Development Goals (SDGs) are an urgent call to action by all countries - developed and developing - to recognize that ending poverty must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change. Financial inclusion is central to achieving many of the SGDs, and in our quarterly impact reporting we track our portfolio companies' contribution to these critical goals.