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- Burkina Faso’s largest microfinance institution ACEP Burkina has received $2 million from the International Finance Corporation (IFC).
- The loan facility will allow ACEP to ramp up access to longer-term finance for agri-sector MSMEs, smallholder farmers, and businesses in rural food chains in Burkina Faso.
- The financing will also help improve ACEP Burkina’s liquidity and support the company’s expansion of its mobile banking and access to credit services for rural MSMEs.
Burkina Faso’s largest microfinance institution ACEP Burkina has received $ 2 million from the International Finance Corporation (IFC) aimed at improving access to finance for farmers and micro, small and medium sized enterprises.
The loan facility will allow ACEP to ramp up access to longer-term finance for agri-sector MSMEs, smallholder farmers, and businesses in rural food chains in Burkina Faso, including women-owned businesses, contributing to increased agricultural production.
The financing will also help improve ACEP Burkina’s liquidity and support the …