By purchasing shares in SIDI’s capital, you enable us to provide disinterested, sustainable and appropriate financial support to our partners, in the form of equity stakes, loans or guarantees issued to local banks.
This funding then enables our partners to take action on behalf of their beneficiaries: financing microcredits, purchasing raw materials, buying cash from producers, building processing units…
As these economic activities are intended to be profitable, SIDI’s financing is ultimately repaid, enabling us to reinvest this capital to meet new demands: thus, €152 invested in a share in 2018 will have enabled €239 of investments by the end of 2022!
In return for sharing in the risks taken by the company of which you are one of the owners, you will be invited to play an active part in the life of SIDI, notably at the Annual General Meeting, or through the association of individual shareholders (ESD) if you choose to join.
All SIDI profits have been reinvested in the company’s activities, by decision of the General Meeting, since 1983.
FAIR ‘s Finansol label guarantees the solidarity and transparency of SIDI’s actions.
The par value of a SIDI share is €152.
Capital is not guaranteed.
Do you have any questions?
Can I ask for my shares to be bought back?
Each shareholder may request the repurchase of all or part of his or her shares at any time. Subject to statutory limits, SIDI’s Management Committee endeavours to respond to all requests within three months. In practice, since 2013 and the change in status, all requests coming from individuals have been validated.
Does SIDI pay dividends to its shareholders?
Like any joint-stock company, SIDI has the option of paying dividends to its shareholders. The amount of the dividend is proposed by the Management Committee and voted on at the Annual General Meeting. Since 1983, SIDI’s governing bodies have consistently chosen not to pay any dividends, giving priority to supporting our partners.
What is a variable-capital company?
A variable-capital company is one whose capital can change continuously over time. The variable-capital company issues shares in response to purchase requests; it also has the option of buying back from the holder any shares he or she wishes to dispose of. Each issue or repurchase of shares thus varies the capital.
Since 2013, SIDI has been a variable-capital company, essentially to enable it to raise, as and when required, the resources needed to finance its partners.
Are there any fees for entering or leaving SIDI's capital?
No, no fees are charged either when subscribing or reselling shares in SIDI’s capital.
For further information
Please contact Ms Céline VIDAL, who
will be happy to advise you on subscribing to SIDI solidarity shares.
e-mail: c.vidal [at] sidi.fr
tel: 01 40 46 70 00
They testify
Pélagie Vzayisenga
“Now I work even harder, because I know I have a stable and sustainable market.”
Malika Hassoun
““I’ve remained loyal to Attadamoune and I am very satisfied with their support.”
John Ddumba- Ssentamu
“Our strength – Centenary Group and SIDI – is that we can count on each other”.
Geneviève Guenard
“We are all heirs to Nelson Mandela”.
Joséphine Ugirumurera
Joséphine Ugirumurera testifies to the positive impact that belonging to the cooperative has had on her life.
Julio Flores
“As a shareholder of FDL, SIDI has made a decisive contribution to the capitalization of FDL.
Julio Vahatriniaina
Access to credit is a challenge, as MFIs in Madagascar do not benefit from government support.
Marie-Madeleine C.
“I knew about SIDI almost from the start and when I understood what it was doing, it really clicked!”
Juliana Lucas Castro
Juliana Lucas Castro, a retailer in Lima, has been a Proempressa customer since 2011.
Geovanny Cardoso
A hug from Ecuador
Abed Al Mahdi Khamaiseh
“Now, thanks to ACAD and its partners, I can make my contribution to society. I would like to thank them warmly.”
Anaïs Dufour
3 questions to Anaïs Dufour, SIDI Partnership Officer
Amara Kourouma
Crédit Rural de Guinée was created to compensate for the lack of financing institutions…
FCMN – NIYA
The Fédération des Coopératives Maraichères du Niger (FCMN NIYA) is a farmers’ organization in Niger…
Modibo COULIBALY
Nyèsigiso crossed SIDI’s path in 2010 during a session of the Board of Directors of the Banque Malienne de Solidarité in 2012 in Bamako, Mali, an institution in which SIDI is a shareholder and member of the Board…
Lulzim Sadrija
SIDI has made, and continues to make, an important contribution to KRK’s mission.
Philippe Adaime
Many thanks to SIDI. Don’t change a thing!
Jean Luckner Romulus
With this aid, the network is strengthened and services are improved and increased.
Benoit Sarraute
“The long-term support of Sidi’s shareholders with patience and resilience is the key to SIPEM Banque’s success”.
Mohamed Attanda
I hold an MBA in Global Studies from Southern New Hampshire University and a Bachelor’s degree in Banking and Finance from Legon University (Ghana)…
Hocine Tandjaoui
the relationship between SIDI and CDC has also led to interactions and exchanges, sometimes unexpected but fruitful.
Hugo Couderé
SIDI and Alterfin, 25 years of cooperation
Judeh Jamal
I’m Judeh Jamal, General Manager of DAMAN, an agricultural engineer with an MBA from North Western University, married with three children, living in East Jerusalem, Palestine.
Catherine Belin-Schulz
Philippe C.
“Money creates money!”
Evelyne R-D
“I feel like I’m taking a small part in the risk that SIDI takes when it commits itself”.
Marie-Thérèse P.
