ACEP Group

Subsidy : October 2021 - January 2022

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

Sub-Saharan Africa: Cameroon

Investment field

Financial Institutions

Activity

KK.64.191 Microfinance institution

Organisation

ACEP Group

Website

https://groupacep.com/

Domicile

Madagascar

More investments in

ACEP Group

Subsidy € 12,500.00 (2021-2022)
Subsidy € 30,900.00 (2018-2019)
Equity € 4,100,000.00 (2019)
Subsidy € 67,512.00 (2019-2020)

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