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27th meeting of the national committee for the coordination of microfinance activities: the sector affects 22% of the Senegalese population

28/07/2023
Source : ORISHAS FINANCE
Categories: Sectors

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The 27th meeting of the national coordinating committee for microfinance activities took place on Thursday, July 27, 2023 in the presence of all actors in the sector.

The 2023 edition of the national coordinating committee for microfinance activities was chaired by the Minister of Microfinance and the Social and Solidarity Economy. The meeting allowed the actors present to review the nomenclature of this field. The aim was to allow all Senegalese, wherever they were, to benefit from credits. According to the minister, “4,034,538 accounts remain active and Microfinance reaches 22% of the population, with 511.3 billion in savings and 617.3 billion

in loans granted.”

Microfinance plays a crucial role in financial inclusion by providing accessible financial services to low-income populations and small-scale entrepreneurs.

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