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Proparco has partnered with Société Générale Chad to support the Chadian SME fabric.
Client presentation

Société Générale Chad is the largest banking network in Chad. Since 1999, it has been providing daily support to its customers in carrying out their projects and local and international day-to-day operations.

Project description

Proparco has signed a partnership with SGC, on behalf of AFD, under the Choose Africa Resilience program. The objective is to allow SGC to provide financing to financially sound small and medium-sized enterprises to cover their working capital needs, for a total amount of XAF 983,935,500, i.e. EUR 1.5m.

Project impact

This new offer will allow SGC to supply the economic fabric of SMEs in the country with short-term financing, in addition to investment loans.

01/12/2022
Date of signature of the project
Chad
Location
Financing tool
1 500 000 Euros
Amount of funding
XAF 983,935,500 guarantee
Financing details
SGT
Client
CTD1259
Project number