Afrique Emergence & Investissements
Afrique Emergence & Investissements (AE&I) is an MFI focusing on microloan distribution and savings addressed to revenue-making activities. Its misson is to fight against poverty in Africa and to improve its clients’ life standards. In order to achieve these goals, AEI seeks for resources likely to build strong linkage between lenders (institutions and individuals) and borrowers (micro-entrepreneurs.). The MFI grants an access to financial market resources as well as profitability and repayment of disbursed loans.
Fahan Bamba founded AEI after spending 10 years at CITIBANK, 1st world banking network and 4 as an Audit Supervisor at KPMG. When he left Citibank in 2003 to build AEI, Ivory Coast was involved in a deep political and military crisis, an unprecedented context of increasing poverty and socio-economic instability. Fahan Bamba was received the Entrepreneurship and Management award from PME Magazine (first Ivorian economics magazine).
Partnership with I&P
I&P is committed alongside with Afrique Emergence & Investissements
• To bring capital
• To chair at the Board committee and contribute to strategic thinking
• Improving access to financial services for the poorest people
• 55 jobs maintained in 2015 (increase by 40% since 2014). Over a third are women
• 5 local suppliers
• 2 284 borrowers (including more than 60% women) and 4 219 savers