X-MicroFinance
Financial Services - Palaiseau, Île-de-France, France
X-MicroFinance Employees
X-MicroFinance Details
X-MicroFinance is a French student association of the École Polytechnique. It was founded in october 2006 with the belief that everyone should have the right to finance a project and develop a business. Today X-MicroFinance is the largest student microcredit institute in France, gaining more and more momentum each year. In 2014, we lent more than 80.000€ to 462 recipients in 20 different villages. Every summer, 30 students travel to Guatemala and Morocco. By giving inhabitants in remote and rural provinces in Guatemala access to small loans, we are helping the maya people in its struggle against poverty. All year long our local employees in the 'aldeas' (villages) inform us of the situation of our recipients. In Morrocco, we meet local cooperatives and help them keep their financial accounts in order, establish marketing strategies and more. New projects of missions are under study.
