Alios Finance S.A.

Debt : December 2015

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

Sub-Saharan Africa: Kenya, Tanzania, Zambia

Investment field

Financial Institutions

Activity

Leasing

Organisation

Alios Finance S.A.

Domicile

Kenya

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

TowerCo of Africa

Infrastructure

TowerCo of Africa

12,000,000.00

  Uganda

  09/01/2024

  Debt

SIMA Commercial & Industrial Solar Green Bond

Infrastructure

SIMA Commercial & Industrial Solar Green Bond

10,000,000.00

  Kenya, Nigeria, South Africa

  29/12/2023

  Debt

ACEP Group

Financial Institutions

ACEP Group

 4,824.00

  Niger

  28/11/2023

  Subsidy

Alterfin

Investment Companies & Funds

Alterfin

5,000,000.00

  23/10/2023

  Debt

EA Foods Ltd

Enterprises

EA Foods Ltd

 10,448.00

  Tanzania

  09/10/2023

  Subsidy

Poa! Internet

Enterprises

Poa! Internet

13,543.00

  Kenya

  24/08/2023

  Subsidy

Gebana Burkina Faso

Enterprises

Gebana Burkina Faso

 3,000,000.00

  Burkina Faso

  20/07/2023

  Debt

ASA Tanzania

Financial Institutions

ASA Tanzania

7,000,000.00

  Tanzania

  19/07/2023

  Debt

Alterfin

Investment Companies & Funds

Alterfin

 21,500.00

  11/07/2023

  Subsidy