Project Category
Project Category
Agricultural co-operatives
Project Description
Project Description
The project, a joint World Bank/IFC initiative, aims to promote competitiveness of Producer Organizations in the value chains of cassava, maize and sorghum by providing them with financing (pre- and post-harvest) to increase and modernize their production and vertically integrate their business to agribusiness end customers. The proposed project with Socit Gnrale Cameroon ("SGCAM" or the "Bank") is a Risk Sharing Facility of up to XOF2.5 billion to support lending to Producer Organizations in Cameroon. SGCAM is the largest bank in the country in terms of loans and second bank in terms of deposits, with a network of 32 branches. The Bank has a universal bank business model servicing the retail, SME and corporate business segments.
Our Reference Number
Our Reference Number
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