Loan Illustration

Sébastien, ingénieur de formation, Président de la société TELAQUA, avec ses associés qui seront chargés de la partie commerciale de l’activité et de …

Agriculture Agriculture

France France

Loan amount €10,000

Funded 69%

by 41 members

Funding disbursed to MFI, repayments ongoing

Disbursement date: 07/01/2019
Final repayment of the loan: 07/01/2022

MicroWorld's investors have funded: €6,920

Sébastien - Develop the activity


First name: Sébastien
Gender: Male
Age: 31
Marital status: Single
Number of children:
Region: Créa-Sol

Loan Request

Purpose: Develop the activity
Amount: €10,000
Duration: 36 months
Loan type: in fine
The loan is reimbursed in one installment at the maturity date of the project (principal and possible interests).
Note: additional time may be necessary for the funds to be credited on the lenders' accounts due to delays in international transfers.

Borrower's quote

Sébastien, ingénieur de formation, Président de la société TELAQUA, avec ses associés qui seront chargés de la partie commerciale de l’activité et de l’environnement technique créent une société pour offrir des solutions connectées de gestion de l’eau. 2 services seront proposés : - Irrigation connectée à destination des agriculteurs pour permettre de suivre en temps réel l’irrigation de l’exploitation ; - Relevés de compteur à distance et détection de fuites ou de fraude à destination des syndics et gestionnaires d’immeubles. Ils visent dans un premier temps le marché français et le Chili où ils ont déjà des commandes puis un développement à l’international. Une grosse partie de l’activité de la première année sera consacrée à la Recherche et Développement. Ils ont un budget de communication au démarrage de 25000 euros pour gagner en crédibilité et se faire reconnaitre.

Economic and social context



France is a transcontinental sovereign state whose metropolitan territory is located in Western Europe with Paris as its capital. It shares borders with Belgium, Luxembourg, Germany, Switzerland, Italy, Spain and the principalities of Andorra and Monaco. France is the seventh largest economy in the world (according to the World Bank) and is recognized worldwide for its rich culture and diversity.
Country's key figures - source Worldbank
Population 67,118,648
GNI per capita 43,790 USD
Economic growth 1.8%
Poverty rate no data
Unemployment rate 9.4%
School enrollment, secondary (%gross) 111.1%
Life expectancy 82.3

MFI Status

This loan is managed locally by our field partner Créa-Sol which is in charge of administrating the loan and repaying MicroWorld lenders.

You should be aware that lending involves a risk of non-repayment. However, the risk associated with this MFI is considered lower than average.

Rates and transparency

  • This loan does not pay any interest to the lender.
  • Following your loan commitment, you have 7 calendar days to assert your right of withdrawal, by mail at
  • The MFI will reimburse the lender in case of default of the entrepreneur but there is no guarantee or insurance given by the MFI.
  • 100% of the money collected is sent to the MFI, even if the project is not fully funded on the site.
  • The MFI then makes a loan to the micro-entrepreneur and charges an interest rate in order to cover its operational and financial costs.
  • The beneficiaries have been well informed about the risks of over-indebtedness and the consequences of payment default.
  • The platform earns a commission from the MFI for the service it provides, which helps to fund its running costs.
  • More effective than a simple donation, micro-credit promotes long-term sustainable economic development rather than short term help.




Créa-Sol is a French microfinance institution that finances micro and small businesses in partnership with banks and business-support networks. Through co-financing, the partners share the amount lent and this eases the approval of loans rejected by banks because of the high amount requested. This partnership also allows providing entrepreneurs, often previously unemployed people, with business development services and post-disbursement monitoring.

Key figures - June 2018
Legal statusAssociation law 1901
Number of active borrowers2,609
Portfolio size€6,572,082
PAR (Portfolio At Risk)9,68%
ROA (Return On Assets)-2,9%
Social indicators
Average loan / GNI per capita
% of women borrowers52%
Saving accounts opened
Guarantees required to access a loan
Special programs