The objective of the Guinea Leasing Program is to facilitate access to finance for small and medium enterprises through the development of a sustainable leasing industry. It will do this by working at the regulatory, firm and market levels. Specifically, the program will work to help: 1. Provide support to the Central Bank of Guinea to finalize the leasing supervision framework (regulatory level); 2. Attract additional players into the local market, and by doing so support at least two entities to launch leasing operations, and help facilitate a minimum of US$ 2 million in lease financing to MSMEs one year post-completion (market and firm levels); and 3. Provide leasing technical assistance to commercial banks and/or specialized leasing companies to enable at least an additional 50 entities to access financing through leasing, 10 of which should be female-run entities, by one year post-completion (firm level). The program further expects to hand over activities to country-based national leasing champions and/or a national leasing association to build upon program progress to create a vibrant and sustainable leasing industry in Guinea. The national leasing institution(s) will also be able to seek further guidance and advisory support directly from the African Leasing Federation (Africalease).
No contact information provided at the time of disclosure
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