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Launch of the celebrations for the 30th anniversary of Acep: An investment of 200 billion FCFA announced

02/07/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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The launch of the 30-year celebrations of the Alliance de Crédit et d'Épargne pour la Production (ACEP) took place last Friday, in the premises of its institution located Avenue Bourguiba x Blvd Diop Blvd. Dial Diop. On the occasion, the CEO indicated that 200 billion planned FCFA est style="font-family: "Bookman Old Style”, "serif"

>to finance those excluded from the traditional banking system.

The Director General of ACEP, Souleymane Sarr indicated that “The Alliance for Credit and Savings for Production (ACEP), will put in place a new strategic plan that will cover the period from 2024 to 2026. Its objective is to allow small agricultural producers, actors in the informal sector and education, micro-enterprises, among others, to access credit.” He indicated that “200 billion our francs over a period of three years to grant loans to the overwhelming majority of populations and excluded from the traditional banking system. In reality, the Alliance for Credit and Savings for Production has relaxed the eligibility criteria for accessing loans, unlike banks where access conditions are draconian

.”
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