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