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Proparco is supporting Vista Gui, a key player in local MSME financing, by allocating it a EUR 10m senior loan.
Client presentation

A subsidiary of the Vista Bank Group, Vista Gui is the largest bank in Guinea in terms of the size of its network. Vista Gui is a universal bank with a strong position on the corporate and private market.
It has 29 branches nationwide, an enterprise business center and a professional business center.

Project description

To support this key player in local MSME financing, Proparco has allocated a EUR 10m loan. This liquidity injection will enable the bank to increase its financing of micro, small and medium-sized enterprises (MSMEs), particularly those active in high-impact development sectors (agriculture, health, education, renewable energies, women's entrepreneurship).

Project impact

The expected development impacts of this financing are as follows:

  • Support for 18,500 jobs over the next 5 years (mainly indirect jobs in the companies financed)
  • Support for entrepreneurship with 840 SMEs financed by Vista Group via Proparco over the next 2 years
  • Technical assistance financed by Proparco will also be set up to help Vista Gui develop financial and non-financial services specifically dedicated to women’s entrepreneurship

The project will thereby contribute to the achievement of SDG 8 (“Decent work and economic growth”).

Download the project sheet

This project is part of the 2X Challenge initiative
11/15/2023
Date of signature of the project
Banks and Financial services
Sectors
Guinea
Location
Loan, Technical Assistance
Financing tool
10 000 000 Euros
Amount of funding
EUR 10m loan
Financing details
VISTA GUI-SA
Client
Guinea
Head office country
PGN1039
Project number
CES

This information is given at the time of signature, without prejudice to any developments in the operation/project