Guinea
geo/guinea
Location
10.565447149212, -10.8544921875
IFC Plans to Invest $30 Million to Support SMEs, Create Jobs in Guinea
IFC, a member of the World Bank Group, plans to invest $30 million in Guinea in 2015, boosting support for small and medium enterprises in the country, which are critical for job creation and economic growth.
IFC and Central Bank of the Republic of Guinea Introduce Leasing to Support Small Businesses
IFC, a member of the World Bank Group, today announced it signed a cooperation agreement with the Central Bank of the Republic of Guinea to lay the foundation for leasing facilities to help small-scale entrepreneurs strengthen and expand their businesses.
Leasing is an innovative financing solution for small enterprises, which often lack the credit history or sufficient collateral required by most banks to finance the necessary equipment to heighten productivity.