Togo: FNFI provided more than CFA81 billion worth of loans since its creation, in 2014

Economic governance
Friday, 01 February 2019 16:10
Togo: FNFI provided more than CFA81 billion worth of loans since its creation, in 2014

(Togo First) - Since it was established in 2014, the National Fund for Inclusive Finance (FNFI) disbursed CFA80.847 billion worth of loans. In detail, more than 1,553,201 loans were provided by the entity, including 626,849 renewals.

According to the institution, 95% of the loans have been repaid. This is about 2% more compared to end-June 2018.

Danyi, in the Plateaux region, is the prefecture to have repaid the most loans but the Savanes region distinguished itself as the most performant. Indeed, the northern region regroups three prefectures out the four best loan payers. At end-June last year, the region’s repayment rate stood at a staggering 100%.

Actually, in the coming months, the FNFI plans to launch five new products to improve its offers and performances.

Fiacre E. Kakpo

togofirst mobile

 
Sondage
Should we encourage young togolese toward agriculture?
  • 57 Votes
    Yes
    55.88%
  • 25 Votes
    No
    24.51%
  • 20 Votes
    Don't have opinion
    19.61%
← Back
Total 102 Votes

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.