THE CREATION OF A FINANCIAL LEASING COMPANY IN NIAMEY
Project manager: Financial Services
Estimated cost (USD): USD 20 million
Estimated cost (FCFA): FCFA 10 billion
The objective of this project is the creation of a financial establishment specialised in property and equipment leasing in Niamey. Leasing has the particularity of enabling businesses and individuals to invest in material goods in the form of simple rental or rental with an acquisition option at the end of a pre-defined time period. The project is part of the government policy to develop these funding methods since the adoption in August 2017 of an ordinance that defines the legal leasing framework in Niger.
- Facilitate funding to SMEs and SMIs who make up the largest share of the Nigerien economic fabric, and who are experiencing funding difficulties from banks;
- Facilitate purchase of material goods for individuals;
- New sector on the Niger financial market with a strong profitability potential.
CHARACTERISTICS OF PARTNERSHIP REQUIREMENTS
Project Design: State/Partner
Risk sharing: State/Partner