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7 March 2024

Proparco grants a €2.1 M protfolio guarantee to Baobab Bank Madagascar

Proparco grants a €2.1 M protfolio guarantee to Baobab Bank Madagascar

Baobab Bank Madagascar, in partnership with Proparco, benefits from a €2.1 million guarantee to expand its financial support to micro-entrepreneurs. This collaboration strengthens our commitment to promoting access to financial services for the most vulnerable entrepreneurs, by sharing risks with a renowned institution. This initiative is part of a European program aimed at supporting guaranteed loans, thus enabling Baobab Bank Madagascar to enhance its impact in the microfinance sector.

 

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