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Expanding Opportunities in Madagascar, One Microloan at a Time

IFC PROJECT
Expanding Opportunities in Madagascar, One Microloan at a Time by IFC

credits

Title
  • Expanding Opportunities in Madagascar, One Microloan at a Time
Entrant
  • IFC

About This Project

Summary

Microcredit using local currency helps financial service providers deliver funding to small businesses, women entrepreneurs, and informal enterprises– underserved segments of the population crucial to boosting economic growth, creating jobs, and driving financial inclusion.

Goals & Objectives

Our goal was to show how microcredit is changing the lives of families, entrepreneurs, and women-owned small businesses in Madagascar. We demonstrate how small loans can play a key role in boosting employment and economic growth and offer opportunities to citizens with no access to finance.

Results & Impact

With over 33K unique views, the story has spotlighted how inclusive finance—especially in local currency—can catalyze entrepreneurship, women-led businesses, and job creation in underserved regions.

the team

Isabelle Poupaert
  • Co-writer
  • IFC
Fredrica Mayer
  • Co-writer
  • IFC
Birom Seck
  • Photographer/Videographer
  • IFC
Melanie Mayhew
  • Team Lead
  • IFC
Jim Rosenberg
  • Manager
  • IFC
Elena Gex
  • Senior Communications Officer
  • IFC