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Contact

Katja Röder
Sustainability Officer

Phone: +49 (0)40/33 34-33 17
E-Mail: katja.roeder(at)dghyp.de

 

Related Field Project Support

DZ BANK Microfinance Fund

Another example of our related fields project support is our contribution towards the DZ BANK Microfinance Fund. This fund is managed on a voluntary basis. It cooperates with microlending institutes in various African developing countries, which extend very small loans to small business owners who do not have access to conventional banks or funding of their own. Using these loans, the recipients are then able to build a business, create jobs and independently improve their living situations, in line with the cooperative principle of aiding empowerment.

The DZ BANK microfinance fund was founded by DZ BANK employees more than ten years ago. In 2013, it was converted into a cooperative with over 250 members, including DG HYP as a company as well as individual members of staff.