ADA's 2020 Annual Report is now available
ADA has been committed to inclusive finance for over 25 years to help the most vulnerable populations access financial services and get out of poverty.
For more than 25 years, the Luxembourg NGO has been helping microfinance institutions (MFIs) by offering new products and services that meet the needs of their customers, supporting MFIs and professional microfinance associations by reinforcing their capacities and autonomy, and advising MFIs with access to funding.
All this using an innovative and sustainable approach that takes into account all of the industry’s stakeholders in the decision-making processes.
This DNA reflects in our projects around the world.
The year 2020 was a particularly sad year for ADA with the passing of Corinne Feypel-Molitor, Chair of the Board of Directors. Corinne was a passionate and committed woman for our NGO and for inclusive finance in general.
ADA expressed its deepest condolences to her family and loved ones and is still grateful for the valuable legacy she left us.
Despite a year 2020 also disrupted by the spread of the COVID-19 pandemic around the globe, ADA showcased the flexibility and reactivity of its teams, which rose to the challenge as soon as April by creating and rolling out a crisis management programme.
2020 was also the third year of ADA's Operational Development Plan (2018-2021), whose achievements are fully in line with the vision for making a real impact as well as the Sustainable Development Goals.
As you read this Annual Report, let's find out how ADA helps the microfinance sector to develop, supports MFIs in their digitisation process and help them with access to funding, supports young entrepreneurs, strengthens agricultural players, provides access to insurance for the most vulnerable and promotes environmentally and climate friendly initiatives.
ADA would also like to thank all its partners in Africa, Latin America, Europe and Asia, who work on a daily basis to help us achieve our goals. Only together, by pooling our diversity and our strengths, will we be able to blaze a trail towards greater financial inclusion.
Enjoy your reading.
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