ACEP Group
BIO has granted EUR 14,000 of technical assistance to ACEP Group, a network of MFIs present in five African countries.
Amount
€ 14,000.00
Type of investment
Subsidy
Development impacts
- Private sector consolidation/innovation
- Financial inclusion
Beneficiary locations
Investment field
Financial Institutions
Activity
The ACEP network (Agency for Private Enterprise Credit) was initiated in 1989 in Senegal and has successfully developed in Madagascar, Cameroon, Burkina Faso and Niger.
Technical assistance
The technical assistance supports an independent loan portfolio quality and processes gap assessment of ACEP Cameroon. It aims to achieve an in-depth understanding of the quality and sustainability of the loan portfolio, and of the internal processes of ACEP Cameroon regarding the full loan life cycle, and evaluation of the overall management quality.
Development impact
Improvement of processes regarding the quality of the loan portfolio and the capacity of the management to lead the organization towards a long-term growth
Development impacts
- Private sector consolidation/innovation
- Financial inclusion
View more of our investments in this region
Infrastructure
SIMA Commercial & Industrial Solar Green Bond
10,000,000.00
Kenya, Nigeria, South Africa
29/12/2023
Debt
