Worldwide, millions of adults have inadequate access to finance. This leaves them vulnerable in case of unexpected difficulties and makes it hard for them to plan ahead and grow. Microfinance institutions provide them with microloans: reliable credit that allows them to build sustainable livelihoods.
In West Africa, well-performing, resilient SMEs are unable to access local growth capital, while those enterprises play an important role in the economic development of their country. We address this financing gap by providing those enterprises with investments aligned with their business.
Businesses in fragile markets struggle with challenges such as poor institutions, weak infrastructure and inadequate government capabilities. Private sector development has a significant positive effect on the development of these countries through job creation and building functioning markets. By investing in the private sector, we contribute to many United Nations Sustainable Development Goals, such as decent work and economic growth, ending poverty and achieving gender equality.
