ACEP Burkina

ACEP Burkina
Financial inclusion
SIDI capital financing
Yes
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Partner description

ACEP Burkina is a microfinance institution offering credit and savings services to entrepreneurs in urban areas of Burkina Faso. In a difficult context, ACEP Burkina is characterized by the solidity of its organization and the quality of its teams, making it one of the major players in financial inclusion in the country. Its solid foundation enables it to gradually innovate in the digitalization of its services.

Country and/or business sector context

Burkina Faso is a low-income country facing numerous development challenges. It ranks 182nd out of 189 countries on the Human Development Index (HDI), with an HDI of 0.452. Microfinance institutions play a key role in financing the informal economy, which employs almost 90% of the working population according to some estimates.

Partner impact

With a relatively high average loan, ACEP Burkina is primarily targeting Burkina Faso’s informal VSEs and SMEs, which create jobs and added value, but are still prevented from accessing bank finance by a lack of collateral. ACEP Burkina’s main aim is to provide these entrepreneurs with appropriate and, above all, high-quality financial services.