FNFI has disbursed over XOF2 billion for its beneficiaries since the beginning of 2020

Finance
Friday, 26 June 2020 11:00
FNFI has disbursed over XOF2 billion for its beneficiaries since the beginning of 2020

(Togo First) - Since the beginning of this year, the National Fund for Inclusive Finance (FNFI) has disbursed in XOF2.176 billion to about 21,000 beneficiaries, via its partnering financial institutions. 

According to the Fund, last week was the most performant related to amounts disbursed -around 100 million for 442 people, compared to about 260 million throughout the first quarter of 2020. 

Over the period reviewed, the FNFI registered 275 new beneficiaries (who received XOF35.67 million), approved the renewal of 149 loans, and helped the partnering microfinance institutions cope amidst the Covid-19 crisis.

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