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To address the challenges of financial inclusion in Africa, particularly in rural areas, SIDI (International Solidarity for Development and Investment) and two European investors, Alterfin and Etimos, set up the European Solidarity Financing Fund for Africa (FEFISOL) in 2011. Their objective: to offer financial services tailored to agricultural structures and microfinance institutions operating in rural areas. To strengthen its impact and ensure its additionality, FEFISOL primarily targets small institutions going through a consolidation process and entities with strong social innovation. Proparco became a shareholder of the fund when it was set up.

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To address the challenges of financial inclusion in Africa, particularly in rural areas, SIDI (International Solidarity for Development and Investment) and two European investors, Alterfin and Etimos, set up the European Solidarity Financing Fund for Africa (FEFISOL) in 2011. Their objective: to offer financial services tailored to agricultural structures and microfinance institutions operating in rural areas. To strengthen its impact and ensure its additionality, FEFISOL primarily targets small institutions going through a consolidation process and entities with strong social innovation. Proparco became a shareholder of the fund when it was set up.