ALIOS FINANCE S.A.
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Alios Finance S.A. is a limited liability company incorporated and existing under the laws of France. Alios Finance S.A. is the holding company of a group of African non-banking financial institutions (NBFIs) that provides (i) consumer finance, and (ii) asset financing (through leasing and loans) predominantly to SMEs and to a lesser extent to larger enterprises and individuals. The sub-borrowers are Alios Finance Cameroun, Alios Finance Gabon, Alios Finance Ivory Coast, Alios Finance Kenya, Alios Finance Tanzania, Alios Finance Uganda, Alios Zambia or any other subsidiary of the borrower approved by FMO.
What is our funding objective?
FMO's facility will be utilized and extended by Alios to one or more of the sub-borrowers for the funding of each such sub-borrower's credit portfolio, in respect of the growth of their small- and medium-sized enterprise clients.
Why do we fund this investment?
As one of the few pan-African groups, operating in mostly low-income countries with a focus on leasing and the SME segment, Alios sits at the heart of the FMO Financial Institutions and MASSIF investment strategy. The company continues to represent a unique investment opportunity for FMO by providing long-term local currency financing to a financial intermediary servicing the SME segment in underdeveloped markets.
- Region
- Africa
- Country
- Africa
- Sector
- Financial Institutions
- Effective date
- 12/16/2013
- End date
- 10/31/2019
- Total FMO financing
- USD 12.00 MLN
- Funding
- MASSIF
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B