annual rEport 2009 key figures 13 Permanent staff summary 1 604 875 € budget* editorial 4 17 Partners in 11 countries part 1 DEvElopments 5 progress achieved 5 Microfinance 6 emPloying 508 staff non financial services 8 socio-economic integration 11 supporting micro-entrePreneurs 59 170 social entrepreneurship 12 4 176 169 € outstanding loans part 2 structuring & govErnance 15 governance 15 approval by the comité de la charte 15 micro-entrepreneurs supported strengthening regional dynamics 15 breakdown by location creating Microfinances olidaire 16 Humanopole 16 part 3 Financial rEport 17 ASIA Funds raised 17 Mongolia Breakdown of expenses 17 WEST AFRICA Haiti India 6 531 programme financing 18 4 082 Burkina statement of expenditures and resources 19 Faso Burma 3 500 Balance sheet 19 Vietnam Ghana 1 255 income statement 20 3 246 Cambodia Benin 10 369 Appendix Presentation of partners supported 21 13 759 Philippines 16 428 2 ■ rapport annuEl 2009 ■ Entrepreneurs du Monde Entrepreneurs du Monde ■ rapport annuEl 2009 ■ 3 * expenditure excluding exceptional item now more than editorial part 1 ever... Haiti develoPments Entrepreneurs du Monde believes in enabling a growing number of im- Port-au-Prince, 12th January 2010, 4.53pm poverished men and women in developing countries to develop their income and gain access to employment. For the past ten years, this has translated into supporting partner organizations that serve families living Progress despite the lack in the slums or in isolated rural communities, by giving them access to micro loans, savings and relevant training. of loan capital in 2009, some 60,000 individuals living in situations of extreme poverty ben- efited from these services. in serving these families, we aim to offer them in 2009, as in the previous year, our results were most positive over all our programmes, even though an important lack products and services that are truly adapted to their specific needs and abili- of capital once again partially hindered certain activities. During the year some 15 000 to 20 000 loans unfortunately ties, as well as to measure systematically and ever more precisely the impact could not be granted. our services have on their quality of life. that is why the « social performance In just a few seconds, hundreds of indicators » (SPI) questionnaire and the « poverty assessment tool » (PAT) nevertheless much progress was made in 2009. thousands of fathers, mothers and children, have been applied to all our partners and their usage has become essential in asia, the chamroeun* programme in Cambodia, sEED* and UPLIFt* in the Philippines, continued to grow. who had been driven into the capital for receiving our support. new types of loans were developed and the training programmes have been intensified to allow the more destitute and other cities such as Leogane by the to start up or to develop their activity. our partner ICDc*, on the other hand, was severely hit by typhoon Ketsana rural exodus, found themselves trapped (or ondoy) which devastated tatalon, a neighbourhood of Manila where many of the families who rely on this at the heart of an earthquake. in order to have a greater impact on these families, we are increasingly seek- programme reside. Over 200 000 victims and a million homeless. ing to use micro finance as a lever to promote and distribute more widely in India, insufficient loan capital and human resources difficulties lead to a slight drop in the number of beneficiaries The government in pieces, the country’s products and services with high social or environmental added value: sales of NCRC* in calcutta. economy in ruins, the symbols of national of spirulina and gas stoves in Burkina Faso, access to electricity in vietnam, in West africa the situation is varied. in Burkina Faso many new developments were made, both in terms of micro pride (presidential palace, cathedral, etc.) production of mare’s milk dairy products in Mongolia, etc. finance and social entrepreneurship.i n Benin, our partner, who is largely recognised for its ability to reach the most also annihilated. The country completely destitute, has come fully on line. But in Ghana the programme suffered greatly from lack of funds. destroyed, rises from the dust; everything, lastly, many social support activities were launched for borrowing families in Haiti, during 2009. unfortunately the or almost everything, has to be rebuilt or the gas stoves in Burkina Faso are a perfect example: we grant a gas stove impetus stopped with the 12th of January 2010 earthquake. built, depending on your point of view… as an in-kind loan, to families who wish one, as gas is far more economical than wood (whose price is skyrocketing as it becomes ever scarcer). this Indeed, after the tears, the discouragement KEy FigurEs FroM our partnErs enables them to cut their cooking expenses in half, and the savings make loan and the anger, the time for reconstruction has Country Partner N° of Training N° of loans Average Outstanding N° of savings Average Operational come. Assuredly, this process will be difficult, repayment totally painless for borrowing families. Within several months, the entrepreneurs participations granted loan (€) portfolio (€) accounts savings (€) sustainability it will take 10, 20 years, but it is feasible. It stove and gas bottle are fully repaid, the family’s energy budget is significantly can even be seen as a unique opportunity if reduced, their health is no longer endangered by the use of charcoal and pres- Haiti IDM 6 531 4 984 9 419 142 440 392 7 240 14 77,9% it is backed by a genuine desire for dialogue sure on wood resources is greatly alleviated. We have a wonderful win-win within a global strategy driven by the Haitian equation: fewer expenses, better health and a preserved environment! Benin ALIDé 13 759 35 193 17 665 151 1 759 441 14 602 50 96,9% government; and if the people who have 2010 will see an acceleration of this trend, particularly in Haiti where, follow- Ghana ID-Ghana 3 246 23 375 4 499 112 165 156 5 705 14 39% come to help Haiti keep the interests of the ing the earthquake, it is essential to promote new methods and ideas. Haitians as their main concern. With billions Burkina Faso Asiena 3 500 N.D. 3 701 74 186 275 N.D. N.D. 64% of dollars promised, a more modern, fairer in 2009, we continued strengthening our organization in order to give better Haiti can rise from the ruins. But if these support to the growth of our programmes and reach still more families. We India NCRC 4 082 8 018 4 541 78 153 998 4 062 9 115,4% same people do not manage to agree, and if have made great headway in our plans for creating a platform – the company they place the interests of the organizations Microfinance solidaire – with which to finance the loan fund needs of our Vietnam Chi Em 1 255 1 452 1 441 58 29 447 751 2 29,6% and countries that they represent above those partner programmes. Chamroeun 8 882 37 192 13 186 89 447 618 11 577 11 79,1% of Haiti, then it’ll be a resounding failure, an Finally, our quality of governance and management was recognised by the Cambodia incredible waste and an indescribable disgrace. Sovann Phoum 1 487 N.D. 1 070 97 31 099 1 487 5 103,5% “comité de la charte du don en confiance”, a labelling agency that certi- More than ever before, in the face of such fies the organization’s transparent management and communication, thereby SEED 1 825 8 871 2 682 58 38 660 3 182 7 24,6% suffering, Entrepreneurs du Monde will go committing us to continue our efforts in that sense. beyond its core business to help meet the Philippines UPLiFT 11 354 34 391 19 336 134 723 306 10 938 47 110,4% needs of the population of Port-au-Prince, We would like to extend our warmest appreciation to all our partners, both in the districts that are so familiar to us. in the field and in France: our achievements are your own! ICDC 3 249 576 3 761 152 200 777 3 249 20 N.D. Our next newsletters and the 2010 Annual nadine larnaudie-Maupas, chairperson Report will largely cover the initiatives TOTAL 59 170 154 502 81 301 121 4 176 169 62 793 27 developed following the earthquake. * programmes notified by an asterisk* are detailed in the three pages on our partners, p. 21-23. Vietnam Burkina Faso Rural Training Sessions Loans on wheels earthquake in setting up economic activities, this will help their long-term Microfinance settlement in the provinces. incrEasED DEvElopMEnts in rural arEas a Full rangE oF loans, savings anD insurancE PRODucts For tHE poorEst Following on from 2008, we continued to develop our activities in rural areas true to its vocation, Entrepreneurs du Monde continues to look for the best in Burkina Faso, Vietnam and Myanmar. solutions for the families benefiting from their programmes, whilst innovating and adapting to local situations. Training has always been an essential component Burkina Faso In 2008, AsIEnA informed us of their wish of the Chi Em programme; it not only assists since 2008, Entrepreneurs du Monde has reinforced local micro-finance to bring microfinance services to the women in Burkina Faso, in the suburbs of ouagadougou, we found women who our Vietnamese micro-entrepreneurs, but also institutions in Burkina Faso, to enable them to reach more families particularly living in the outskirts of Ouagadougou. wanted to develop economic activities but who did not have access to micro- sets Chi Em apart from other microfinance in remote areas.