Baobab Banque Madagascar reduces inequalities by promoting micro-entrepreneurs, with the support of Proparco
Baobab Banque Madagascar has signed a €2 million portfolio guarantee with Proparco. The agreement enables Baobab Banque Madagascar to share the risks associated with its microfinance business. As a result, the bank will be able to step up its financial inclusion efforts among the micro-enterprises that provide a livelihood for the country's vulnerable urban populations.
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