Welcome on PlaNet Finance Middle East website!
Begun in 2002, the partnership between PlaNet Finance & the energy company GDF Suez will be extended to 2013.
GDF SUEZ is currently involved in three of PlaNet Finance’s programs.
- Entreprendre en Banlieue: an initiative promoting microbusinesses in rundown outer areas of France’s main urban centres. Its aim is to raise awareness among local unemployed adults and to support them in exploring opportunities for setting up their own microbusinesses.
- FinanCités: provides equity finance to enable small businesses in deprived areas which have been going for at least a year to develop and grow.
- Microfinance & Energy: aimed at enabling disadvantaged groups to access
and develop renewable energy sources and to support sustainable energy use. The program was developed in China and Brazil between 2006 and 2009 and will be rolled out in Morocco and Egypt in 2010.
GDF Suez is also backing the development of a European microcredit internet platform. Known as MicroWorld, it promotes social responsibility by allowing web users to help entrepreneurs in the southern hemisphere to develop their microbusinesses by offering them financial support.