Invested through |
|
---|---|
Asset Classes | Private debt |
Impact strategy | Financial Inclusion |
Number of borrowers reached | 19,664 |
Female borrowers | 32% |
Rural borrowers | 55% |
Aligned with SDGs |
MicroCred China is part of the Baobab Group, which offers financial services and products tailored to the needs of financially underserved entrepreneurs and small and medium-sized businesses in Africa and China. In China many small businesses face difficulties in accessing credit from the traditional banking system. In addressing this market segment, MicroCred China aims to contribute to improving the lives of its clients and families, and to an inclusive financial sector.