Microcred SA Receives Double Distinction from MicroRate
Microcred SA has just received a double distinction from MicroRate, the first international rating agency specializing in microfinance. The institution has been awarded an institutional rating of β+ and a social rating of ★★★★ (4 stars), confirming both the robustness of its governance and the scope of its social action.
Institutional Rating: β+
The β+ rating highlights the solidity of Microcred's institutional fundamentals, particularly in terms of governance, risk management, and compliance with international standards. It also consecrates the transformation plan undertaken over the past three years, which has enabled the institution to recover from a fragile structure and become a high-performing and responsible entity today.
Social Rating: ★★★★ (4 stars)
In parallel, the 4-star social rating showcases Microcred's impact in the field of inclusive finance. MicroRate has recognized the institution's role in empowering women, supporting young graduates, and financing economically viable projects, thereby contributing to strengthening financial inclusion in often underserved areas.
A Reference Actor in Microfinance
With over 25,500 active clients, Microcred confirms its positioning as a reference actor in microfinance. As a subsidiary of the Baobab group, present in several African countries, the institution stands out for its strategy oriented towards responsible and sustainable finance, combining performance and social mission.
International Recognition
Through this international recognition, Microcred consolidates its image as a solid and committed institution, serving a clientele excluded from the traditional banking system, and confirms its willingness to continue investing in innovation, digitalization, and supporting projects with high economic and social impact.
