Renaca

Financial inclusion
SIDI capital financing
Yes
SIDI loan financing
Yes
Distinction client par biao
Photo assemblee generale
Partner description

The Réseau National des Caisses Villageoises d’Épargne et de Crédit Autogérées (RENACA) is a mutual savings and credit network in Benin. The institution’s mission is to significantly strengthen the economic base of vulnerable populations, particularly in rural and peri-urban areas.

Country and/or business sector context

Benin’s economy is heavily dependent on informal trade and agriculture, which employ 90% and 70% of the working population respectively.

Partner impact

With its strong presence in rural and peri-urban areas, RENACA targets areas less served by financial service providers.