Senegal SME financing, french model not working
Post date: Jun 11, 2010 9:06:21 AM
Senegal ancient colony of France encounters the same problem:
No money, no credits for emerging Small and Medium enterprises.
Actually a shop at Senegal wants to buy solar panels to sell, the banks don't finance nor the material nor the stock or provide working capital. Result corruption and mafia like financing. Regular bank financing only for big companies or Real estate.
Most businesses in Africa are driven by women.
leasing is no solution
makes people poor in Africa
Senegal Leasing for SME / PME
Financement des activités des Pme -
Le crédit-bailsource: fr.allafrica.com
Microfinancing for
innovative African
SME companies
needed to stabilize
economy from
"Maribu" financing
only, to establish
free enterprise and
free market economy