PlaNet Finance

Entity: PlaNet Finance
Project Type: Core
Duration of Support: Ongoing (2005 - )

PlaNet Finance is an international organization whose mission is to fight against poverty through the development of microfinance.

PlaNet Finance offers a set of services via eight independent and specialized units whose primary objective is to develop an inclusive financial sector:

PlaNet Finance Advisory Services, provides technical assistance and advisory services to microfinance players and stakeholders involved in microfinance
Planet Rating is a microfinance rating agency
PlaNIS specializes in advisory services, structuring and managing microfinance funds
MicroCred is an investment company in microfinance
PlaNet Guarantee is the organization's expert unit in micro insurance
FinanCités, a venture capital company with a social mission, invests directly in micro entrepreneurial projects in deprived urban areas
MicroFit provides software solutions for microfinance
PlaNet University is PlaNet Finance's microfinance training centre

Based in Paris, PlaNet Finance is active in more than 60 countries with an international network of 38 offices in Europe, North America, Latin America, Asia, Africa and the Middle East.

PlaNet Finance's aim is to become a microfinance platform that brings together the various parties in the sector and, at the same time, serves to pool the resources needed to develop microfinance.

Website: http://www.planetfinancegroup.org

Support has been provided to PlaNet Finance since 2005 in various countries:

Ghana - fish farming training & lending project and improving the well-being of shea butter processors
Jordan - microfinance web portal & establishment of a network of regional trainers
Morocco - Access to Microfinance services for the itinerant sellers of fresh fish in Casablanca
Israel - introduction of microfinance in Israel and establishment of the first microfinance institution (MFI)
The Palestinian Authority - support of EU program for MFI networking

Gil Erez and Cedric Olivestone, Board Members of the Olivestone Trust, serve as Board Members of PlaNet Finance Israel.

PlaNet Finance's fishing industry in Ghana
PlaNet Finance's fishing industry in Ghana
PlaNet Finance solar energy project, Bedouin villiges in the Negev, Israel
PlaNet Finance solar energy project, Bedouin villiges in the Negev, Israel
PlaNet Finance solar energy project, Bedouin villiges in the Negev, Israel

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