Acep Burkina
ACEP Burkina is a MFI specialized in the financing of micro companies and very small enterprises existing in towns and close suburbs.
Business Model:
Revenue: $0
Employees: 51-200
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Detailed Acep Burkina Information
Geographic Data
Address:
City: Ouagadougou
State: Kadiogo
Zip:
Country: Burkina Faso
Financial Info
Stage:
debt financing
Raised Last:
$2M
Raised Total:$2M
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Description
ACEP Burkina is a MFI specialized in the financing of micro companies and very small enterprises existing in towns and close suburbs. Granted credits are mainly used to finance required working capital and investments. I&a;P and ACEP International which are old partners have decided to partner in 2008 to try to start a microfinance institution like ACEP in the country. In spite of a preexisting important mutual fund present in town zone, small entrepreneurs remain hardly linked to microfinance. Besides, it does not exist for the moment in Burkina Faso, a microfinance institution specialized in individual credit with an effective and appropriate technique of credit risk analysis towards very small companies. Financings trough subventions have been secured from the French Agency of Development then an agreement has been obtained from the ministry of finances in June 2012. The microfinance institution has started its activities in October 2012.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2013 | Venture Round | 1 | - |
Investisseurs &a; Partenaires Investisseurs &a; Partenaires |
10/2016 | Debt Financing | 1 | $1.6M |
Belgian Investment Company for Developing Countries Belgian Investment Company for Developing Countries |
1/2013 | Venture Round | 1 | - |
Investisseurs &a; Partenaires Investisseurs &a; Partenaires |
|---|
| Announced Date | Name | Price |
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Employee Departments
Employee States
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Revenue: 0 - 100000 Employees: Industry: Software |
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Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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