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SIDI's 2024 activity report is now online! It retraces a year of actions in the service of local economic development actors in developing countries, for the benefit of the most vulnerable populations.
Thanks to the commitment of our partners, our solidarity-based shareholders and our entire ecosystem, SIDI is pursuing its mission: to make solidarity and patient capital a lever for the sustainable transformation of societies in order to build a more equitable and environmentally-friendly world.
A year of action for a fairer world
In 2024, SIDI continued to finance and support local economic actors – microfinance institutions, producer cooperatives, small businesses – working to improve the living conditions of populations excluded from traditional financial circuits, particularly women, young people and rural communities.
In the face of inequalities and climate challenges, our action is based on the principle of additionality:
- intervene where others do not, i.e. where financing needs are greatest;
- offer financing and support tailored to the specific needs of each partner.
Our efforts focus on three key objectives:
- Promote economic equality
- Reduce poverty
- Supporting climate change mitigation and adaptation
A unique model of financial solidarity
At the heart of this model lies the commitment of thousands of individual shareholders who want to use the power they have with their money. Rather than a dividend, these shareholders are looking above all for social and environmental “added value” thanks to the activities of the partners financed by SIDI. They are thus part of a “chain of financial solidarity” which enables SIDI to target fragile partners and/or those operating in difficult contexts.
Highlights from the 2024 Report
This report presents the key milestones, results achieved, and challenges faced. You will discover
Key focus areas of our work
- A double-page spread on SIDI’s commitment to Palestinian partners
- East Africa: supporting partners on social and environmental issues
- Sahelian zone: initial insights from our prospective study
Perspectives on our actions
- Anne-Sélime de Murard: insights from a dedicated volunteer consultant
- Anne-Sophie Bougouin: a strategic look at the FEFISOL II European Solidarity Fund for Africa
Partners in sustainable transitions
- RUFI (Uganda): Social innovation for the financial inclusion of refugees
- APODIP (Guatemala): Organic cocoa processed locally, in partnership with Ethiquable
- Soluna Energia (Colombia): Solar energy, a driving force for local development
- Yeyasso (Ivory Coast): A cooperative committed to more sustainable cocoa production
- MVE (Madagascar): A responsible vanilla industry supported by a family business
We would like to extend our warmest thanks to all those who make this initiative possible: partners, shareholders, savers and volunteers. It’s thanks to you that financial solidarity comes to life, year after year.
