opened the door to economic growth for hundreds
of farmers. And what took place in the Netherlands
more than a century ago, is taking place today in
developing countries. Rabobank helps small entre
preneurs in these countries to build a better existence.
The Rabobank Foundation supports cooperative
microfinance institutions, producer organisations
and promising local savings and credit cooperatives.
And Rabo Development invests in rural banks in
developing countries with a view to enabling them
to develop into modern financial services providers
that have a nationwide network of offices. We provide
support in the form of capital, management and
know-how. And by providing equipment. For example,
in 2007 a project was launched for recycling Dutch ATMs
that are still well-functioning but that had already been
written off. Several hundreds of ATMs will ultimately
receive a second life in Africa thanks to this project.