Reliance
  • 2.2 million
    769
    2,876.3
    6.0 million
    8.1 million
    5,574
Mission:
Vision of Reliance is “to be the leading and preferred financial services provider for the mass individuals, small and medium sized businesses (SMEs) and micro enterprises in West Africa”. Mission is to deliver innovative, value added products and unrivalled services to our customers using ... Read more
Background and Main Challenges: 
The formal banking sector provides attractive financial services products only to Gambians at the high end of the market, thus excluding the lower end of the market through relatively high minimum opening and operating balances on deposit accounts. Reliance is about financial inclusion and as ... Read more
Country: 
46A Kairaba Ave
Kanifing
Serrekunda
P.O. Box 4645
Gambia, The
Phone: 
+220 439 0070
Fax: 
+220 439 0155 / 52
Email: 
info [at] reliancegambia [dot] com
Main Funding Sources: 
Grants
Loans
Savings
Shareholder Capital
Products and Services: 
Loans
Voluntary Savings
Training and Consulting
Services Provided: 
Full-scale Financial Services
Second-tier Lending to MFIs
Business Development Services
Looking for (Investment Types): 
Loans in Local Currency
Donations
Guarantees
Capacity Building Grants
Equity investments
% Operations Comprised by MF: 
91 - 100
Date established: 
Jan 1 2006
FYE: 
31-Dec
Regulated: 
yes

Partnerships

Current
Name Relationship
GAMFINET Network Affiliation
ShoreCap Intl. Funding
Triodos-Doen Foundation Funding

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • Selle Mbye
    Head,Finance and Reporting
    smbye [at] rfs [dot] gm
    +220 439 0122

References

Jacco Minnaar