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  • Access to Capital

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 BFV – Societe Generale

    BFV – Societe Generale

    A subsidiary of the French group Société Générale, the BFV is the second network of banks in Madagascar with 45 branches located in 22 regions.

    BFV – Société Générale offers companies a range of choices ranging from medium-term loans to investment financing:

    • Covering cash mismatches and/or ensuring part of current operating needs
    • Possibility of temporarily exceeding the authorization limit with the written agreement of Societe Generale Madagasikara
    • All kinds of credit designed for companies of all sizes ranging from SMEs to large national and multinational groups.

    Main address:

    Antaninarenina, 14 General Rabehevitra Street
    BP 196 - 101 Antananarivo Madagascar
    Phone: +261 202220691
    Website: https://societegenerale.mg

    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

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