Decentralized Financial Systems (DFS)
Are an effective solution in the fight against poverty. That's why BNDA has forged technical and financial links with them over the years, to extend its impact and reach to the most remote populations.
BNDA offers a wide range of medium- and short-term loans to support the various activities of decentralized financial systems (SFD).
SFDs can benefit from several types of credit :
- Purpose : SDF refinancing
- Term : 24 months maximum
- Repayment method : A single instalment
Assessment criteria :
- Have an operator approved by the Bank
- Be up to date with its commitments to the Bank
- Have an internal collection rate equal to or exceeding 95%
- Comply with the prudential and management ratios defined by BCEAO
- Purpose : SDF refinancing
- Term : 24 months < d < 10 years
- Repayment methods: in monthly, quarterly, half-yearly or annual installments.
Application assessment criteria :
- Have a bank-approved operator or be financially and institutionally autonomous.
- Be up to date with its commitments to the bank
- Have an internal collection rate equal to or exceeding 95% of called due dates
- Comply with the prudential and management ratios defined by BCEAO
- Transfer;
- Cheque cashing;
- Foreign exchange;
- Over-the-counter cash deposits and withdrawals;
- Issuance of bank identity statements on request ;
- Direct debit of bank transfers;
- Monthly statements of account transactions.