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St. Louis Finances S.A.

Sector: Commercial • Location: Senegal

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project involves the creation of a rural based microfinance institution, St. Louis Finances S.A., (the “Company”) with headquarters located in the regional capital of northern Senegal, St. Louis. The Company will be the first commercially orientated microfinance institution in Senegal to focus on providing financial services to rural communities. The relatively large number of microfi

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The project “St. Louis Finances S.A.” is an infrastructure initiative in the Commercial sector, located in Senegal. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The proposed project involves the creation of a rural based microfinance institution, St. Louis Finances S.A., (the “Company”) with headquarters located in the regional capital of northern Senegal, St. Louis. The Company will be the first commercially orientated microfinance institution in Senegal to focus on providing financial services to rural communities. The relatively large number of microfinance institutions operating in Senegal (approx. 800) are based on the cooperative model and serve mainly an urban and semi urban clientele; only 8% of the rural population has access to finance. The Company will establish 8 branches and projects to service up to 30,000 clients by year 5 (“Project”).

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Budget

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Location

Region

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Country

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State

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County

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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