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They also need savings accounts and insurances to cover setbacks. However, entrepreneurs in poor countries often do not have access to these facilities. Institutions and funds that provide microfinance in circumstances where banks do not operate can offer a solution to those entrepreneurs.\r\n\r\nCordaid invests in microfinance institutions and funds that offer loans, guarantees and capital stock to people and businesses that have no other options. We do so in regions that involve a greater risk than other investors are willing to take.\r\n\r\nSuch investments require financial expertise as well as the best possible knowledge of the actual, local circumstances. To acquire such knowledge, Cordaid conducts thorough risk analyses and studies. It also offers tailor-made investments that fit the capacity and needs of the institutions and funds that provide microfinance. 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