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Access to capital for women entrepreneurs in Madagascar

Female entrepreneurship can be a lever for the development of Madagascar within the framework of the New Millennium Development Goals (MDGs). However, financing remains a major problem, especially for women entrepreneurs with a low level of education, especially in rural areas.

Equity and informal borrowings remain the main source of financing today. Several cultural and socio-economic barriers limit access to alternative sources of financing. For example, much remains to be done for the popularization of microfinance. It is therefore a question of giving them the support necessary for their professional development.

    angle-left BMOI, BPCE group

    BMOI, BPCE group

    BMOI is a subsidiary of the BPCE group, which ranks first in the banking sector in France. The bank is present in the 6 former provincial capitals as well as in 4 major cities of Madagascar.

    Opening a current account with BMOI allows:

    • Securing money and financial transactions
    • Simplified account monitoring and management
    • Subscription to various insurance products
    • Investments at advantageous rates
    • Obtaining various credits

    For professionals, operating loans and the financing of international transactions are part of the services offered.

    Main address :

    Antaninarenina Agency
    Antaninareina Independence Square
    BP 25 Bis - 101 Antananarivo Madagascar
    Phone: +261 202234609
    Website: www.bmoinet.net

    Opening time :

    Monday: 08:00-16:00
    Tuesday: 08:00-16:00
    Wednesday: 08:00-16:00
    Thursday: 08:00-16:00
    Friday: 08:00-16:00

    Credit Example:

    • Real estate loan
      Promotional offers during the year to take advantage of various advantages:
      - advantageous rate according to the amount of the initial contribution, reduced administration fees
      - repayment periods up to 12 years, early repayment without penalty
      - financing up to 80%
      - more flexible warranty formalities
    • Consumer credit (Tombotsoa)
      - available all year round
      - promotional offers in August and December
      - financing according to repayment capacity
      - repayment term up to 5 years
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