Build a relationship of trust between banks and SMEs

ARIZ, AFD’s risk-sharing mechanism is considered a very appropriate response to help the financing sector. It provides the double advantage of facilitating access to finance for SMEs and reducing risk for credit institutions.The aim of the project is to facilitate SME access to finance, to enable them to invest and develop. The project plans to support the Guarantee Trust Bank in the development of its SME loan portfolio.Guarantee Trust Bank is ranked as the fourth Nigerian bank in terms of assets, and considered as one of the most profitable banks. It already works with AFD group and benefits from a long-term financing line from Proparco.The attribution time for ARIZ-eligible loans is two years. The highest share guaranteed is 50% of the amount of the loan. Loans must last between one and five years. Their amount must be between NGN 2.1 million and NGN 63 million.