Cresol Baser

 

Cresol Baser is a cooperative umbrella of microcredit banks who provide access to funds to 120,000 family farmers.

In 2015 Cresol Baser made significant progress in several fields: financial sustainability, defence of interests and diversity. The organisation is making great efforts to involve members more actively in the organisation’s operations. In past years Cresol made a conscious choice for a more centralised approach which should make it possible to control the exponential expansion of the organisation.

In order to stay competitive in microfinancing, Cresol was required to innovate in terms of green technology. Other challenges involved rejuvenation and digitalisation of services. With this digitalisation Cresol can build a bridge between rural areas and the target audience of small entrepreneurs in the cities. Widening the customer portfolio can strengthen the financial return of the organisation.

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