A large number of people in Senegal still has no or only limited access to basic financial services. MicroCred Senegal was founded in 2007 to provide more people access to such services.
Triodos Fair Share Fund and Triodos Microfinance Fund have provided a loan to enable MicroCred Senegal to grow.
KEY INDICATORS as of 31 December 2016:
- number of loan clients: 45,048
- percentage female clients: 44%
- percentage rural clients: 0%
- average loan amount: EUR 1,695
- number of savings clients: 194,773
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.