The proposed project entails the provision of a US$50 million senior loan to Societe Generale Ghana (“SG Ghana” or the “Bank”) to support the Bank’s lending to Small and Medium Enterprises (“SMEs”) in Ghana.
The most significant expected Project-level outcome is an increase in the availability of longer-term financing to underserved SMEs. IFC also anticipates that the Project has the potential to promote greater market competitiveness through demonstration of the commercial viability of lending to SMEs.
Societe Generale Ghana
Mr. Mohamed Fehri
Chief Finance and Administration Officer
P.O. Box 13119 Accra, Ghana
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/