Alios Finance S.A.
Alios Finance S.A. is the biggest non-bank financial institution across Sub-Saharan Africa outside of South Africa, operating in Africa for more than 50 years.
Amount
€ 2,877,422.00
Type of investment
Debt
Development impacts
- Local economic growth
- Private sector consolidation/innovation
Beneficiary locations
Investment field
Financial Institutions
Activity
Leasing
The group operates in 9 countries, and it distinguishes itself from the competition (mostly banks) by focusing on speed, price, flexibility, service and by targeting smaller SMEs.
The company’s business is split between two different activities: one targeting SMEs (leasing + equipment) and one targeting individuals (consumer finance). Leasing and equipment (SMEs) account for more or less 80% of the portfolio of Alios.
Development impacts
-
Local economic growth
Alios contracts with informal MSMEs that usually do not have any significant asset and no correct financial statements. Alios Finance provides them with a productive asset, around which they can build and develop a small business. Furthermore, Alios Finance often helps its client to build correct financial statements.
-
Private sector consolidation/innovation
Leasing in general and Alios Finance in particular plays a critical role in bringing small businesses into the formal financial system: as informal businesses have access to lease financing, they start building a history of financial transactions. When the appropriate credit information-sharing infrastructure is in place, banks and other financial institutions can access these records, better manage risks, and start providing more comprehensive financial services to these small businesses. Thanks to leasing, small businesses also find a new incentive to join the formal sector.
View more of our investments in this region
Investment Companies & Funds
African Rivers Fund IV
10,000,000.00
Angola, Democratic Republic of Congo, Uganda, Zambia
05/12/2024
Equity