Excluding all real estate investments in Switzerland within the meaning of the LFAIE, the acquisition of participations and financing of companies with the main objectives, namely: - development of the financial sector and continuous innovation in favor of the most disadvantaged; - support for entrepreneurs in the micro (small and medium-sized enterprises) sector, particularly when they employ the poor; - transfer of know-how and creation of professional skills (in low-income countries); - reduction of vulnerability of the poor through investments in social networks that would replace official social security; - focus on human development; - achieving economies of scale and scope through the creation of microfinance institutions; - diversification of risks by grouping microfinance institutions from different countries.