Développement international Desjardins

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Last updated 8 July 2020, by Impactyield.

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Description

In 1970, Desjardins Group created Développement international Desjardins (DID) giving it the objective of sharing the success of the Québec cooperative model with countries in the developing world. DID was a response to the needs expressed by developing countries that were looking to Desjardins for better understanding of how the Québec model could contribute to development in their communities.

A pioneer in the development of microfinance around the world, DID today is a leading contributor to the sector.

With the objective of supporting development of the inclusive finance sector, Développement international Desjardins, through it’s subsidiary Gestion FONIDI, offers microfinance institutions a source of capital to be used for financing and investment. DID promotes a partnership approach with other investors in the sector in order to create added value for both investors and the institution being financed


Incorporation year: 1970

Headquarters location:

Currency for fund / product figures:

Total firm assets under management: 34000000 CAD

Membership and other professional affiliations: GIIN Member (Investors' Council or Network Membership). United Nations Principles for Responsible Investment (UNPRI)

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Jessie Greene

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