History
The organisation was created in Colombes, Hauts-de-Seine, France in June 1998 by its present Director, Franck Renaudin. [4] [5]
Entrepreneurs du Monde initially ran thanks to the voluntary contribution of its members and was contributing to existing programmes in the Philippines, [6] [7] and in India. In 2003, the activity started to develop and the first permanent employee was hired. In November the same year, the head office was transferred to Poitiers (86), France, [8] in a building shared with the NGO Initiative Développement. In 2004 and 2005, Initiative Développement decided to hand over its microfinance programmes in Benin, [9] in Ghana [10] and in Haiti [11] to Entrepreneurs du Monde.
Parallel to this, the organisation developed new programmes in the Philippines (2005), in India (2006), Cambodia (2006), [12] Vietnam (2007), Mongolia (2008) as well as Burkina Faso (2008), [13] while a technical follow-up agreement was signed in Myanmar with a rural lending programme in the Southern part of the country (2005).
Structure and financing
Entrepreneurs du Monde is an organisation registered under the Association Act 1901 of the French law. [4] [16] It is a not-for-profit organisation which was employing on 31 December 2009 10 permanent employees and 3 volunteers based in the head office of Poitiers (Vienne) and different programmes in Burkina Faso, Cambodia, Ghana, India, the Philippines and Vietnam.
Entrepreneurs du Monde is financed by private sources (mostly individuals and foundations) as well as public ones, the first of which being the French Development Agency (Agence française de développement or AFD). In 2011 and 2012 the Womanity Foundation provided Entrepreneurs du Monde with funding to aid with the reconstruction of Haiti with a program supporting women entrepreneurship with paid jobs, a microcredit scheme, training, and infrastructure. [17]
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