Transcript Diapositive 1

Financing the investments of dress-makers,
Madina market, Conakry, Guinea
Training session to a group of women before a
loan , Moundou, Chad
FINADEV AFRICA
HOLDING
Presentation
April 2010
Contacts:
Ferdinand NGON, Chairman, [email protected]
Luc MORIO, Opérations, [email protected]
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Overview of operations
Finadev Benin
Identity card
• Joint-stock company
licensed in 2001
• 100% owned by Finadev
Africa Holding
• Regulated by BCEAO*
Products and
services
• Loans to the non-formal
sector (solidarity groups,
entrepreneurs – mainly
women) and low-income
employees from €75 to
€30,000, money transfer
• In the short term: savings
products, insurance
products, payment means
Selected figures
• 7 branches
• 70 employees
• > 5.000 borrowers
• Loan portfolio > €3.8 m
• PAR 90 = 3.4%
Finadev Chad
• Joint-stock company
licensed in 2003
• Détention à 81% par
Finadev Africa Holding
• Regulated by COBAC**
• Loans to the non-formal
sector (solidarity groups,
entrepreneurs – mainly
women) and employees
from €75 to €7,500
Finadev Guinea
• Joint-stock company
licensed in 2005, put on
ice &reactivated in 2009
•75% owned by Finadev
Africa Holding
• Regulated by BCRG***
• Savings and loans to the
non-formal sector
(solidarity groups,
individuals – mainly
women) from €15 to €750
• In the short term: savings
products
• In the short term:
Insurance products,
money transfer
• 2 branches
• 40 employees
• > 4.500 borrowers
• Loan portfolio > €2 m
• PAR 90 < 2%
• 1 branch
• 10 employees
• > 500 borrowers
• Loan portfolio > €0.1m
• PAR 90 < 2%
* Banque Centrale des Etats d’Afrique de l’Ouest (zone UEMOA) ** Commission Bancaire d’Afrique Centrale (zone CEMAC)
*** Banque Centrale de la République de Guinée
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Our ambitions
• Created in 2009 through the buy-out of established MFIs to the pan-African banking group Financial Bank, Finadev
Africa Holding wants to be a platform for the creation and consolidation of other MFIs in West and Central
Africa .
• We consider microfinance as a development tool that produces positive financial returns. Through Finadev
Africa Holding, Emerging Capital Partners (ECP) has the ambition to invest in an economically fast-growing and
socially performing sector.
• During the next five years, we want to create a network of 5 to 10 MFIs in Sub-Saharan Africa, ranking among
leaders in terms of gouvernance and performance.
Our know-how
• Finadev Africa Holding combines the experience of Finadev institutions in the field of microfinance for almost
10 years and the expertise of ECP to execute and manage investments in Sub-Saharan Africa (more than USD
1,6 billion of assets under management), particularly in the financial sector (Financial Bank, Ecobank, Bank of Africa,
NSIA…).
• The investment of ECP in Finadev Africa Holding (currently 100% owned by and ECP-managed fund) is led by an
experienced team deeply involved in operational and strategic issues, refinancing matters and the implementation of
best-in-class governance.
• The Finadev institutions are among the most important and most professional in Benin and Chad thanks to years of
training and field experience. For each new project, proven methodologies and experienced managers will be
brought out (eg. what we do currently in Guinea).
• The know-how in microfinance will be reinforced by the ongoing capital increase of Finadev Africa Holding targeting
international microfinance specialized investors and DFIs.
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Thank you for your attention.
Financing fishing businesses, Lake Ahémé,
Benin
About ECP
Emerging Capital Partners (ECP) is the first private equity firm to raise more than $1.6 billion to invest in companies
across the African continent. The ECP team has a ten-year track record of pan-African investing. The firm's investment
strategy is focused on delivering consistently above-market returns to investors that are uncorrelated to the U.S. and
other global economies. The firm is headquartered Washington, DC, and has offices in Paris, Tunis, Casablanca,
Abidjan, Lagos, Douala and Johannesburg. For more information, please see www.ecpinvestments.com.
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