ACEP Burkina Faso

Debt : October 2016

ACEP Burkina Faso is a microfinance institution targetting urban MSMEs.

Amount

€ 1,441,675.96

Type of investment

Debt

Development impacts

Local economic growth
Private sector consolidation/innovation
Financial inclusion

Beneficiary locations

Africa: Burkina Faso

Investment field

Financial Institutions

Activity

Microfinance Institution

Organisation

ACEP Burkina Faso

Domicile

Burkina Faso

ACEP Burkina Faso (ABF) is a young microfinance institution that started its activities in September 2012 with a capital equivalent of EUR 1.2 mln. The project is promoted by ACEP International, a network of MFIs that is already present in five other African countries. ABF fosters the diversification of credit available as it provides access to individual loans while competitors do not. BIO's loan will be used to further expand the institution’s loan portfolio.

Development impacts

Local economic growth
Credit provision to MSMEs
Mobilization of local savings
Private sector consolidation/innovation
Know-how and technology transfer
Market structuring effects
Financial inclusion