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Signaute du prêt à MCB
The ARIZ guarantee, AFD’s risk-sharing mechanism, allocated to MCB Madagascar by PROPARCO is allowing it to continue to support small and medium-sized enterprises (SMEs) in the country.
Client presentation

Mauritius Commercial Bank Limited (MCB) Madagascar has been operating in the country since 1992. The bank employs 126 people there and has 10 branches, including 6 in the capital Antananarivo.

Project description

The portfolio guarantee allocated by Proparco will allow MCB Madagascar to offer loans with a 50% guarantee from AFD to SMEs in Madagascar. 

Project impact

The guarantee will cover an SME loan portfolio of up to EUR 2m and thereby increase its financing for SMEs in Madagascar.

12/14/2020
Date of signature of the project
Madagascar
Location
Financing tool
993 965 Euros
Amount of funding
MGA 4.5bn guarantee
Financing details
MCB MADA
Client
CMG1712
Project number