ACEP Burkina Faso
ACEP Burkina Faso is a microfinance institution targetting urban MSMEs.
Amount
€ 1,441,675.96
Type of investment
Debt
Development impacts
- Local economic growth
- Private sector consolidation/innovation
- Financial inclusion
Beneficiary locations
Investment field
Financial Institutions
Activity
Microfinance Institution
Organisation
ACEP Burkina Faso
Domicile
ACEP Burkina Faso (ABF) is a young microfinance institution that started its activities in September 2012 with a capital equivalent of EUR 1.2 mln. The project is promoted by ACEP International, a network of MFIs that is already present in five other African countries. ABF fosters the diversification of credit available as it provides access to individual loans while competitors do not. BIO's loan will be used to further expand the institution’s loan portfolio.
Development impacts
-
Local economic growth
Credit provision to MSMEs
Mobilization of local savings
-
Private sector consolidation/innovation
Know-how and technology transfer
Market structuring effects
- Financial inclusion
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Bandwidth and Cloud Services
15,000,000.00
Democratic Republic of Congo, Malawi, Mozambique, Zambia, Zimbabwe
01/01/2026
Debt
