The activities of Solid can be subdivided into two categories:
- financing development projects of its own and of other organizations;
- investing in real estate and economic initiatives in the South.
The pie chart below represents the proportion of our expenditure on the different programs. In 2009 Solid spent 714.101,71 EUR on economic and social programs worldwide. This budget was allocated across the different programs as follows:
The following pie charts show the investments that Solid made since inception. Most of them are properties that are freely available for organizations worldwide. They can also be shares that Solid bought from investment companies or investments in organizations that try to stimulate the economy of Ayacucho, Peru.
Through the years, Solid has invested in several buildings, shares and organizations totaling 7.763.498,49 EUR. Split over the different programs, the distribution is as follows:
Investments in Peru
A considerable part of the investments are related to our project in peru, 43% to be exact. In Ayacucho, Solid has established the company Solid Inversiones which invests in socially responsible businesses. For the moment it mainly consists of real estate investments. In addition to this, Solid also started the micro credit institution Makipura for the producers who can’t be helped by traditional banks. Below you can see the division of these investments over the two organizations.
Investments for children's projects
About a fourth of the investments of Solid have to do with projects for children. These are buildings that we put freely at the disposal of organizations that work with children all over the world, as you can see on the following chart.
Investments for other projects
In this final pie chart, you can see the real estate investments for community development projects which are made in conjunction with non-profit organizations working for the underprivileged in Belgium (De Lage Drempel, De Regenboog en de Roos). Next to those, you can see Solid’s investment through shares in Incofin, the leading Belgian investor in microfinance