Organisation

Agencia Española de Cooperación Internacional para el Desarrollo (AECID)
Organisation general information
Organisation name: 
Agencia Española de Cooperación Internacional para el Desarrollo (AECID)
Founding year: 
1988
Country: 
Spain
Total number of staff: 
800
Resources dedicated to microfinance: 
6
Percentage of microfinance activities: 
Between 20 and 50%
Type of organisation: 
Non profit
 
Government agency
Organisation's contact person
Contact person: 
Mr. Juan Ignacio Izuzquiza
Address: 
Av Reyes Católicos 4
ES-28040
Madrid
Spain
Website:
Phone: 
+34 (91) 583 8493
Fax: 
+34 (91) 583 8131
Organisation summary
Mission: 

Contribute to reducing poverty in developing countries. Promote sustainable human development in developing countries, strengthening the capabilities of partner countries.

Contribute to peace, freedom and human security, promoting respect for human rights and the development of democratic systems. Enhance social cohesion through the promotion of and support for public policies related to good governance in developing countries. Contribute to achieving the aims of the Millennium Declaration and the Millennium Development Goals adopted at the UN Millennium Summit in 2000. Similarly, contribute to achieving the aims to be determined at future UN Development Summits and ratified by the Spanish government. Strengthen gender equality in developing countries, through cross-sectoral activities and programs, cooperation projects and the promotion of equality-oriented policies.

Contribute to improving environmental quality in developing countries through cross-sectoral activities and programmes, cooperation projects and the promotion of environment-oriented policies. Reinforce humanitarian action, encompassing both prevention and care in emergency situations and in reconstruction. Promote the role and culture and knowledge in development, with particular attention to promoting respect for cultural diversity.

Type of intervention: 
  • Equity
  • Loans
  • Donations for technical assistance / capacity building
Countries of intervention: 
Africa
Asia
South America
Areas of intervention: 
  • Intermediate level: Rural finance, Microfinance investment vehicules, Social impact/performance, Gender, Transparency
  • Micro level: Financial product development and innovation, Performance (financial and social), Loans and technical assistance / capacity building
Main competences: 

Combating poverty is the main goal of the Spanish Agency for International Development Cooperation (AECID).

The Fund for the Promotion of Development (FONPRODE) makes a set of instruments available to the Spanish Cooperation, involving both reimbursable transactions—basically loans and capital transactions—and donations, in order to contribute to achieving this goal.

FONPRODE is a dedicated instrument at the service of the entire Spanish Cooperation system, exclusively dedicated to operations of an untied nature. Its fundamental goals are eradicating poverty, reducing social inequalities and inequities between people and between communities, promoting gender equality, defending human rights, and achieving the sustainable human development of impoverished countries.

FONPRODE was created in 2010 and has taken over the actions approved both by the former Development Aid Fund (FAD)—which are attributable to the Ministry of Foreign Affairs and Cooperation—and by the Microcredit Fund (FCM).

Agencia Española de Cooperación Internacional para el Desarrollo (AECID)'s picture