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.

Rabobank Bronnenarchief

Annual Reports Rabobank | 2007 | | pagina 34