The Burkina Faso subsidiary of the banking group Vista announced on Wednesday, November 22, in a briefing note that it will receive a loan of 7.5 million euros ($8.1 million) from the impact investor Oikocredit.

The 7.5 million euros (8.1 million $) financing will allow the financial institution to support the growth of its portfolio and increase access to finance for small and medium-sized businesses. The credit line will allow it to extend its financing offer to small and medium-sized enterprises (SMEs), which make up the majority of its corporate clients. According to Mohamed Ba, CEO of Vista Bank Burkina, “the financing from Oikocredit will strengthen Vista Bank Burkina's ability to support the development of SMEs by giving them access to financing adapted to their needs. This first step marks the start of a long-term partnership between Vista Group and Oikocredit