Aquila Leasing

Debt : February 2010

In Nigeria, like in most African countries, leasing companies start to play a vital role in the expansion of financial markets and SMEs. Aquila Leasing is one of the few sizeable and well-established leasing companies in the country.

Amount

€ 3,828,000.00

Type of investment

Debt

Development impacts

Local economic growth
Financial inclusion

Beneficiary locations

Sub-Saharan Africa: Nigeria

Investment field

Financial Institutions

Activity

Leasing

More investments in

Equity € 6,000,000.00 (2021)
Debt € 2,000,000.00 (2021)
Subsidy € 20,125.00 (2021)
Subsidy € 7,548.63 (2021)
Debt € 6,000,000.00 (2021)
Equity € 5,000,000.00 (2021)
Debt € 2,444,790.00 (2021)
Debt € 4,257,500.00 (2021)
Debt € 15,000,000.00 (2020)
Equity € 3,031,680.00 (2013)
Debt € 725,111.00 (2014)
Equity € 365,916.96 (2020)
Subsidy € 29,727.00 (2021)
Subsidy € 10,256.00 (2021)
Equity € 3,000,000.00 (2004)
Equity € 7,091,000.00 (2007)
Equity € 3,665,000.00 (2008)
Debt € 740,784.67 (2009-2020)
Equity € 6,000,000.00 (2008)
Debt € 6,686,000.00 (2010)
Debt € 5,000,000.00 (2010)
Equity € 5,000,000.00 (2011)
Equity € 6,000.00 (2011)
Debt € 10,000,000.00 (2011)
Equity € 1,954,160.00 (2011)
Equity € 6,000,000.00 (2011)
Equity € 3,210,320.00 (2012)
Subsidy € 350,000.00 (2020)
Subsidy € 300,000.00 (2020)
Equity € 5,767,300.00 (2021)
Debt € 11,368,500.00 (2013)
Debt € 3,000,000.00 (2013)
Equity € 5,000,000.00 (2013)
Debt € 4,000,000.00 (2013)
Debt € 3,362,807.00 (2014)
Debt € 5,000,000.00 (2014)
Debt € 15,000,000.00 (2021)
Debt € 4,350,666.00 (2014)
Debt € 725,111.00 (2015)
Debt € 1,000,000.00 (2015)
Debt € 2,500,000.00 (2015)
Debt € 11,179,644.00 (2015)
Debt € 10,000,000.00 (2016)
Debt € 934,579.44 (2016)
Debt € 2,600,000.00 (2016)
Equity € 4,744,500.00 (2016)
Debt € 8,460,000.00 (2017-2020)
Equity € 6,000.00 (2003)
Equity € 2,211,000.00 (2006-2015)
Equity € 3,752,000.00 (2003)
Debt € 3,674,000.00 (2017)
Subsidy € 105,000.00 (2018)
Equity € 5,438,332.50 (2015)
Debt € 850,000.00 (2020)
Subsidy € 350,000.00 (2020)
Subsidy € 17,463.50 (2020)
Subsidy € 29,426.60 (2020)
Debt € 19,583,388.00 (2020)
Equity € 2,000,000.00 (2020)
Equity € 5,743,220.00 (2020)
Debt € 1,000,000.00 (2020)
Debt € 5,163,600.00 (2020)
Debt € 7,121,232.00 (2020)
Debt € 12,806,440.00 (2014)
Equity € 159,905.00 (2020)
Subsidy € 113,688.00 (2014-2018)
Subsidy € 143,535.00 (2019)
Equity € 10,000,000.00 (2017)
Debt € 3,625,555.00 (2015)
Debt € 2,100,000.00 (2014)
Debt € 6,470,357.23 (2015)
Equity € 3,557,000.00 (2006)
Debt € 8,733,600.00 (2020)
Debt € 10,592,199.71 (2013-2017)
Debt € 4,350,666.00 (2015-2017)
Debt € 2,581,446.60 (2020)
Subsidy € 5,929.00 (2020)
Subsidy € 31,044.00 (2020)
Equity € 1,053,568.00 (2020)
Equity € 8,570,582.00 (2018)
Subsidy € 30,900.00 (2018-2019)
Equity € 5,000,000.00 (2013)
Debt € 5,240,160.00 (2020)
Debt € 15,441,236.00 (2018)
Debt € 15,461,000.00 (2012)
Equity € 1,500,000.00 (2020)
Subsidy € 40,978.30 (2019-2020)
Debt € 4,830,000.00 (2020)
Subsidy € 14,937.25 (2019-2020)
Equity € 3,360,000.00 (2020)
Debt € 10,480,320.00 (2020)
Debt € 2,620,080.00 (2020)
Subsidy € 100,000.00 (2020)
Debt € 3,000,000.00 (2020)
Equity € 6,113,520.00 (2020)
Debt € 4,385,750.00 (2018)
Debt € 1,441,675.96 (2016)
Subsidy € 28,794.00 (2020-2020)
Debt € 17,392,580.00 (2014)
Subsidy € 350,000.00 (2020)
Equity € 4,300,000.00 (2017)
Equity € 2,000,000.00 (2020)
Equity € 8,733,600.00 (2020)
Debt € 2,719,298.00 (2016)
Debt € 8,091,000.00 (2010)
Equity € 3,000,000.00 (2006)
Equity € 1,942,313.00 (2017)
Equity € 3,459,250.00 (2014)
Debt € 4,000,000.00 (2015)
Subsidy € 122,950.00 (2019)
Debt € 3,000,000.00 (2017)
Equity € 695,000.00 (2011)
Equity € 1,466,000.00 (2010)
Debt € 2,877,422.00 (2015)
Equity € 3,000,000.00 (2011)
Debt € 9,486,770.00 (2018)
Subsidy € 42,794.00 (2016-2017)
Debt € 8,808,720.00 (2019)
Subsidy € 85,910.00 (2018)
Debt € 2,000,000.00 (2021)
Debt € 3,674,000.00 (2017)
Debt € 3,031,680.00 (2013-2017)
Debt € 7,270,400.00 (2019)
Debt € 15,000,000.00 (2019)
Subsidy € 16,144.00 (2019)
Debt € 4,494,000.00 (2019)
Subsidy € 59,581.00 (2019)
Debt € 3,750,000.00 (2019)
Subsidy € 12,290.60 (2019-2020)
Subsidy € 21,757.30 (2019-2020)
Debt € 1,310,040.00 (2019)
Debt € 4,000,000.00 (2015)
Debt € 1,377,750.00 (2017)
Debt € 13,718,675.69 (2014)
Equity € 8,900,000.00 (2016)
Equity € 8,151,000.00 (2018)
Debt € 13,254,016.72 (2016)
Debt € 6,421,625.00 (2017)
Equity € 3,743,000.00 (2010)
Equity € 6,000,000.00 (2009)
Equity € 6,000,000.00 (2006)
Equity € 10,000,000.00 (2017)
Equity € 250,000.00 (2002)
Equity € 2,117,000.00 (2002)
Equity € 6,208,300.00 (2019)
Equity € 3,744,000.00 (2010)
Debt € 3,962,250.00 (2018)
Debt € 1,320,750.00 (2018)
Debt € 3,522,000.00 (2018)
Equity € 3,000,000.00 (2019)
Subsidy € 25,075.00 (2019-2019)
Debt € 14,433,000.00 (2016)
Equity € 4,100,000.00 (2019)
Subsidy € 19,650.60 (2019-2020)
Debt € 5,240,160.00 (2019)
Equity € 8,733,600.00 (2019)
Equity € 3,632,000.00 (2008)
Debt € 14,230,155.00 (2017)
Debt € 12,600,000.00 (2017)
Debt € 15,000,000.00 (2012-2019)
Equity € 121,408.00 (2017)
Equity € 200,374.59 (2015)
Equity € 1,364,000.00 (2010)
Equity € 1,357,000.00 (2007)
Debt € 8,236,550.00 (2016)
Debt € 11,194,029.85 (2013-2019)
Equity € 285,933.00 (2016)
Equity € 1,000,000.00 (2018)
Equity € 4,118,275.00 (2016)
Debt € 9,741,280.77 (2015)
Debt € 7,750,715.07 (2011)
Equity € 5,800,888.00 (2014)
Debt € 13,777,500.00 (2016)
Debt € 9,426,443.00 (2015)
Debt € 1,986,637.72 (2011)
Equity € 6,640,739.00 (2017)
Equity € 8,896,000.00 (2014)
Debt € 4,175,007.50 (2017)
Debt € 4,372,500.00 (2015)
Debt € 15,000,000.00 (2019)
Debt € 9,185,000.00 (2017)
Debt € 8,521,516.83 (2016)
Debt € 9,100,000.00 (2017)
Debt € 16,000,000.00 (2016)
Equity € 6,552,700.00 (2017)
Debt € 3,865,000.00 (2012-2018)
Equity € 9,000,000.00 (2016)
Subsidy € 20,516.10 (2018)
Debt € 4,333,800.00 (2018)
Subsidy € 67,512.00 (2019-2020)
Debt € 6,113,520.00 (2019)
Equity € 8,966,382.00 (2019)
Debt € 1,600,000.00 (2019)
Equity € 4,367,820.00 (2019)
Equity € 8,868,980.00 (2019)
Debt € 8,000,000.00 (2019)
Equity € 5,863,753.66 (2017)
Equity € 4,366,800.00 (2018)
Debt € 8,338,200.00 (2019)
Subsidy € 77,220.00 (2012-2014)
Debt € 5,987,000.00 (2012-2016)
Equity € 5,000,000.00 (2019)
Subsidy € 4,200.00 (2019-2019)
Subsidy € 4,320.00 (2019-2019)
Debt € 15,024,304.02 (2019)
Debt € 2,232,000.00 (2006-2014)
Subsidy € 150,000.00 (2018-2018)
Subsidy € 4,272.75 (2018-2018)
Debt € 2,450,000.00 (2017)
Debt € 17,760,600.00 (2012)
Debt € 13,100,400.00 (2019)
Debt € 14,230,155.00 (2018)
Debt € 2,000,000.00 (2018)
Equity € 5,000,000.00 (2012)
Subsidy € 100,000.00 (2016-2019)
Subsidy € 150,000.00 (2012-2015)
Debt € 3,000,000.00 (2013)
Subsidy € 69,190.00 (2014-2016)
Debt € 449,000.00 (2010)
Debt € 4,300,000.00 (2015)
Subsidy € 41,603.00 (2016-2018)
Equity € 6,000,000.00 (2011)
Equity € 2,000,000.00 (2014)
Equity € 2,000,000.00 (2020)
Equity € 8,700,000.00 (2019)
Equity € 8,338,200.00 (2018)
Equity € 4,367,820.00 (2019)
Debt € 600,000.00 (2007-2013)
Debt € 100,000.00 (2009-2013)
Debt € 700,000.00 (2008-2015)
Debt € 454,740.00 (2013)
Subsidy € 23,000.00 (2008-2010)
Subsidy € 7,497.00 (2012-2012)
Debt € 5,000,000.00 (2002-2012)
Debt € 3,000,000.00 (2019)
Debt € 3,000,000.00 (2019)
Debt € 3,000,000.00 (2019)
Debt € 3,000,000.00 (2019)
Equity € 4,169,100.00 (2019)
Subsidy € 77,000.00 (2006-2018)
Equity € 620,000.00 (2007-2014)
Equity € 145,000.00 (2009-2014)
Debt € 1,500,000.00 (2009-2015)
Equity € 274,000.00 (2010-2014)
Equity € 225,000.00 (2012-2014)
Equity € 425,000.00 (2013-2014)
Subsidy € 100,000.00 (2007-2017)
Subsidy € 13,700.00 (2012-2012)
Debt € 1,837,000.00 (2019)
Debt € 1,200,000.00 (2017)

Aquila's core business consists of financial leasing targeting SMEs and consumers (individuals, professionals, traders/craftsmen) in specific sectors for which Aquila developed a particular marketing positioning. In addition, Aquila provides short term working capital financing (less than one year) to SMEs and private professionals.

Aquila Capital started its operations mid-2005 as a non-bank financial institution providing financial leasing solutions and asset management services to SMEs and individuals.

BIOs long term debt financing (USD 5 million) will help Aquila Leasing in reaching a critical size and becoming the new leader in the market, thus improving confidence from local banks and local private investors. This way the company will be able to attain easier access to capital markets and bank financing at more attractive conditions.

Development impacts

Local economic growth
Financial inclusion

View more of our investments in this region

Investment Companies & Funds

Cathay Africinvest Innovation Fund

6,000,000.00

Egypt, Kenya, Nigeria, South Africa

21/05/2021

Equity

Investment Companies & Funds

European Financing Partners S.A.

15,000,000.00

India, Kenya, Nigeria, Senegal, Tanzania, Zambia

22/12/2020

Debt

Financial Institutions

The Currency Exchange Fund n.v.

7,091,000.00

Bangladesh, Cambodia, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam, Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Algeria, Egypt, Iraq, Jordan, Lebanon, Morocco, Syria, Tunisia, Palestinian Territories, Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia

05/09/2007

Equity