AFRICA SME PROGRAM LOC - FIDELIS FINANCE


Aperçu

  • Référence: P-BF-HB0-001
  • Date d’approbation: 19/06/2014
  • Date de début: 21/08/2015
  • Date d'évaluation: 18/07/2013
  • Statut: En coursOnGo
  • Agence d'implémentation: Burkina Bail SA
  • Emplacement: Burkina Faso

Description

Introduction: Burkina Bail was established in 1996 as a joint initiative of BIB (Banque Internationale du Burkina Faso) and Dutch development bank, FMO. Burkina Bail is a leasing company that offers a wide range of products including operating lease, finance lease, factoring, medium-term loans and short-term credits for SMEs in Burkina Faso.

Company background: Burkina Bail is the leader in the leasing market in Burkina Faso with a market share estimated at 60%. Burkina Bail has been improving its business and profitability since 2010 although the company had to implement a restructuring plan due to some difficulties between 2007 and 2010 (under capitalization, high NPL, governance issue, etc.). In 2010, its capital was increased from CFA 1 billion to 4 billion and repaid its debt and became well-capitalized to expand its operations.

Proposed usage of funds: Burkina Bail has diverse pipeline of SME clients and needs medium to long-term funds covering the period of 2013-2014, which worth CFA 4.8 billion (


Objectifs

Burkina Bail was established in 1996 as a joint initiative of BIB (Banque Internationale du Burkina Faso) and Dutch development bank, FMO. Burkina Bail is a leasing company that offers a wide range of products including operating lease, finance lease, factoring, medium-term loans and short-term credits for SMEs in Burkina Faso.

Burkina Bail is the leader in the leasing market in Burkina Faso with a market share estimated at 60%. Burkina Bail has been improving its business and profitability since 2010 although the company had to implement a restructuring plan due to some difficulties between 2007 and 2010 (under capitalization, high NPL, governance issue, etc.). In 2010, its capital was increased from CFA 1 billion to 4 billion and repaid its debt and became well-capitalized to expand its operations.

Burkina Bail has diverse pipeline of SME clients and needs medium to long-term funds covering the period of 2013-2014, which worth CFA 4.8 billion (


Justificatif

9.1. The proposed LoC will support 200


Bénéfices

The proposed pipeline includes 250 to 400 SME projects over the next four years. SMEs account for 70% of total loans and the smallest loan to SMEs is CFA 5 million (


Contacts clés

DIGUIMBAYE-BLAH Oura Rosine Felicite - OFSD1


Coûts

Source Montant
BADEUR 2.163.266
DeltaEUR 9
TotalEUR 2.163.275