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Access of microfinance structures to additional resources: Coris Bank International and FONAFI sign an agreement

03/08/2023
Source : ORISHAS FINANCE
Categories: Companies

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C'était dans l' après-midi du lundi 31 juillet 2023 queCoris Bank International and the National Fund for Inclusive Finance (FONAFI) have signed an agreement that formalizes and governs their collaboration.

The Director General of FONAFI, Fidèle Yaméogo, indicated that the signing of an agreement between the two financial institutions marks an important step for FONAFI towards the operationalization of its “Facilitation Fund” window. Thus, in the following days, this agreement will allow microfinance structures to access additional resources under advantageous conditions, for the benefit of low-income populations. For Yaméogo, the “facilitation fund” makes it possible to support, in addition to what has already been done for microfinance institutions through a bank, to refinance the entire portfolio of decentralized financial systems that will be interested

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