Microfinance: development through the private sector
By promoting access to financial services for the poorest sections of the population, the FINANCIAL Group, under the FINADEV name, has been proving for several years now that microfinance is one of the most efficient means of combating poverty and inequalities.
FINADEV's mission is to offer lasting access to credit for sections of the population that do not qualify for conventional bank lending. The objective is therefore to help the poorest members of society to realise their potential and to ensure the sustainability of their business.
FINADEV microfinance institutions offer borrowing products in the main urban areas. Find out more.
Repayment rates are exceptionally high, at over 98%, as a result of putting into action principles of social solidarity and responsibility.
FINADEV institutions are privately-owned and independent institutions, run professionally and pragmatically, that seek to meet a three-fold imperative of impact, sustainability and profitability.
The FINANCIAL Group is the leader in microfinance in French-speaking Africa, and has developed partnerships with silent partners, such as the EIB (European Investment Bank), IFC (International Finance Corporation) and FMO (Netherlands Development Finance Company) to aid the poorest members of society to realise their full potential.
To find out more, contact one of the FINANCIAL Group microfinance institutions.
