| When Saur was sold in 2004, Finagestion, a Bouygues subsidiary, took over Saur's African activities. A number of corporate social responsibility initiatives were taken in 2007.
In Ivory Coast, a microcredit and savings policy was introduced for employees of CIE (Compagnie Ivoirienne d’Électricité) and Sodeci (water services).
The Mutuelle des Agents de l’Eau et de l’Électricité, a mutual society created in October 2006, offers simple saving schemes and soft loans, including to employees unable to make a personal contribution. On average, 150 new savings accounts are opened each month and 113 loans granted, with an average maturity of 18 months.
The mutual society had 4,300 members at 31 October 2007, 92% of the workforce. Repayment rates are excellent, since no default has been recorded to date.
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