Microfinance: ACEP Burkina (SG and IFC) inks financing agreements with FMO and EIB

Microfinance: ACEP Burkina (SG and IFC) inks financing agreements with FMO and EIB

The microfinancing organisation is aiming for 52bn CFA francs to support SMEs.

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            ▪ Microfinance: ACEP Burkina (SG and IFC) inks financing agreements with FMO and EIB

▪ The microfinancing organisation is aiming for 52bn CFA francs to support SMEs.

https://www.africabusinessplus.com/en/804821/microfinance-acep-burkina-sg-ifc-mobilise-fmo-et-bei/

Less than a year after joining the ACEP group, the Burkinabe subsidiary plans to disburse more than 52bn CFA francs by the end of 2020. According to our sources, this sum will enable the institution headed by Ousseni Kirakoya to grant at least 20,000 loans to local SMEs and micro entrepreneurs.

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