InFiNe.lu New Member: Welcome to Backbone SA

InFiNe.lu New Member: Welcome to Backbone SA

Backbone SA has recently joined InFiNe.lu.

Convinced that creation of wealth at a large scale goes through SMEs, not through blue chips, Backbone (Luxembourg) was co-founded in 2016 with the help of other private shareholders as both an advisory company and an investment vehicle to provide expertise and financing to the SME segment in emerging countries with a double bottom-line approach (achievement of a return both financial and social).
The aim of Backbone is to support the development of Impact Investing as an alternative financing and investment process.
To do so, Backbone has developed its own social impact strategy with a focus on the protection of human dignity. Indeed SME financial inclusion is an appropriate strategy to support human development.
Prior to the incorporation of Backbone, meso IMPACT Finance was co-founded in 2012 as a holding company with the aim to sustain SMEs and cooperatives that care about their economic and social impact in emerging countries. meso IMPACT Finance holds a significant share of preferred shares in Negosyong Pinoy Finance Corporation, a Philippines-based lending company being entirely dedicated to SME-financing.
Backbone is since collaborating with other local partners throughout the world and especially in Peru, Ecuador, Mexico and Ivory Coast. Backbone is still looking for expanding its network.