MFI ReportSocial Performance Profile
Partnerships
| Name | Relationship |
|---|---|
| ALAFIA | Network Affiliation |
| INAFI | Network Affiliation |
| Planet Rating | Rating |
| The Rating Fund | Partner |
-
13.0 million8,2901,562.65.8 million16.9 million54,337
Mission:
The mission of PAPME is to promote the development of small and medium enterprises in Benin, to reinforce the economic base of poor, self-employed people undertaking a small enterprise and those who have a fixed income due to a salary or otherwise. The mission of PAPME is also to help protect ... Read more
The mission of PAPME is to promote the development of small and medium enterprises in Benin, to reinforce the economic base of poor, self-employed people undertaking a small enterprise and those who have a fixed income due to a salary or otherwise. The mission of PAPME is also to help protect clients against the risks to which they are exposed in the course of their activities. Hide
Background and Main Challenges:
PAPME was created in October 1993 with support from the beninois government, with the goal of renewing the private sector through the promotion of small and medium enterprise (SME) development. The government supported the creation of the project in an attempt to ameriorate the social effects of ... Read more
PAPME was created in October 1993 with support from the beninois government, with the goal of renewing the private sector through the promotion of small and medium enterprise (SME) development. The government supported the creation of the project in an attempt to ameriorate the social effects of structural adjustment programs.
The project was transfomed into an independent entity, with the legal status of Association, in 1998.
The main challenges of PAPME are to continuously expand its geographic outreach so that it can respond to a wider spectrum of demands for services, as well as to diversify its product offerings such that in can respond to multiple client demands.
Le principal défi actuellement est le processus de transformation institutionnelle de PAPME en une Société Anonyme. Ce processus est actuellement à sa phase de formation de l'actionnariat. La première réunion des actionnaires potentiels est prévue pour le 18 octobre 2005. Les résultats attendus après la transformation sont :
-Accroître la capacité de mobilisation des ressources financières nécessaires au financement de la croissance et partant du développement de ses activités ;
- Consolider les relations vis-à-vis des partenaires actuels et potentiels (clients, personnel, banques locales, organismes de financement et prêteurs internationaux) ;
-Améliorer son positionnement stratégique, développer une culture d’entreprise performante et
rehausser la qualité de ses opérations et de ses services ;
-Améliorer son taux de pénétration à travers l’extension de ses activités sur tout le territoire national. Hide
The project was transfomed into an independent entity, with the legal status of Association, in 1998.
The main challenges of PAPME are to continuously expand its geographic outreach so that it can respond to a wider spectrum of demands for services, as well as to diversify its product offerings such that in can respond to multiple client demands.
Le principal défi actuellement est le processus de transformation institutionnelle de PAPME en une Société Anonyme. Ce processus est actuellement à sa phase de formation de l'actionnariat. La première réunion des actionnaires potentiels est prévue pour le 18 octobre 2005. Les résultats attendus après la transformation sont :
-Accroître la capacité de mobilisation des ressources financières nécessaires au financement de la croissance et partant du développement de ses activités ;
- Consolider les relations vis-à-vis des partenaires actuels et potentiels (clients, personnel, banques locales, organismes de financement et prêteurs internationaux) ;
-Améliorer son positionnement stratégique, développer une culture d’entreprise performante et
rehausser la qualité de ses opérations et de ses services ;
-Améliorer son taux de pénétration à travers l’extension de ses activités sur tout le territoire national. Hide
Address:
08 BP 1155 Littoral
Cotonou
Benin
Phone:
(229) 21 31 35 37
Fax:
(229) 21 31 37 26
Email:
papme [at] intnet [dot] bj
Main Funding Sources:
Grants
Loans
Savings
Products and Services:
Loans
Voluntary Savings
Training and Consulting
Products:
Loans, voluntary savings, business development services. It should be noted that PAPME tracks number of loans outstanding rather than loan clients, even though many of its loans are made to solidarity groups. As a result, its outreach is understated in official statistics. Please see the note at ... Read more
Loans, voluntary savings, business development services. It should be noted that PAPME tracks number of loans outstanding rather than loan clients, even though many of its loans are made to solidarity groups. As a result, its outreach is understated in official statistics. Please see the note at the bottom of the 'Outreach and Impact' section of this profile for more information. Hide
Services Provided:
Full-scale Financial Services
Business Development Services
Other
Looking for (Investment Types):
Loans in Local Currency
Guarantees
Capacity Building Grants
Equity investments
Loans in US$
% Operations Comprised by MF:
91 - 100
Date established:
Jan 1 1993
FYE:
31-Dec
Current Legal Status:
NGO
Regulated:
yes
Partnerships
| Name | Relationship |
|---|---|
| ALAFIA | Network Affiliation |
| INAFI | Network Affiliation |
| Planet Rating | Rating |
| The Rating Fund | Partner |
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Luce KUASSI ACCROMBESSIExecutive Directorpapme [at] intnet [dot] bj(229) 93 95 12 71
