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ASSILASSIME is a microfinance institution with strong social roots. The institution, founded by Entrepreneur du Monde, targets people in situations of exclusion and/or extreme poverty, who have very little access to conventional microfinance services. It offers flexible and adapted financial products as well as socio-economic training in business management, family budgeting, health and gender.
“Because ASSILASSIME does not require collateral or guarantees, and offers low entry fees, the institution operates in a market segment that is little or not served by other microfinance institutions. The institution therefore targets very vulnerable populations in a low-income country, ranked 162 out of 189 countries on the Human Development Index.
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In addition to targeting very vulnerable populations, ASSILASSIME pays particular attention to the financial inclusion of women, who represent ~90% of the institution’s beneficiaries. In addition, the products/services that complement credit – in particular access to savings, group training and individual support – have a high added value for beneficiaries.
