Investment funds local SMEs - Proposed transaction - Fidelis Finance
Fidelis Finance presents an opportunity for DGGF to support SMEs in Burkina Faso. A DGGF Focus Country with a highly underserved SME market. Fidelis is one of the very few institutions reaching that segment and offers a variety of products tailored to SMEs’ needs, including leases and loans.
DGGF will support Fidelis to grow its SME loan portfolio in Burkina Faso by earmarking to this segment. In addition, DGGF is expected to play a role in strengthening Fidelis’ ESG practices and policies. The DGGF loan is expected to finance approximately 125 SMEs and to reach an above average number of young entrepreneurs.