Baobab Group reaches 1 million customers

Our first million of micro, Small & Medium Entrepreneurs served in Africa & China

March 2019, Baobab served more than 1 million client

45 % of our clients are women

35% of our clients are below 35 year old and 35% of our clients are between 35 and 45 year old

Our clients are mainly urban

 

 

70 % of our clients had their first relationship with a financial institution with Baobab

 

248,580 clients currently have a loan with us, those clients have usually 3 additional products with us

 

Baobab Group

 

 

Average loan size for the group is 3,910€, in China it is 12 000 €, in Africa 2,950€

 


 

Luc Veyssiere-Baobab

 

 

Luc Veyssiere, Chief Data Officer

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