Who are the beneficiaries?
Companies registered in the commercial register and meeting the following conditions:
- Having a registered office or a representation in Benin;
- Having for object or activity the purchase-sale, the production of goods and / or services, the provision of services, the realization of markets etc. ;
- Having worked for at least 3 years
What bonds are guaranteed?
Medium-term bank loans of a maximum duration of five (05) years intended for the realization of extension and / or modernization projects.
Which sectors are affected?
All business sectors except real estate development.
What programs can be funded?
Physical investments (buildings, equipment, etc.) and / orintangible investments (goodwill, patents, lease rights, working capital requirements, etc.)
How long is the warranty?
The duration of the guarantee corresponds to that of the credit with a maximum of five (05) years.
How much does the warranty cost?
- 2% per year (excl. Tax) per indivisible quarter;
- Administration fees: 0.25% flat with a minimum of 100,000 CFA francs.
What is the response time of AFGC S.A?
Maximum 10 working days from the date of receipt of the complete file.
How to submit requests?
Through the credit institution chosen by the beneficiary, linked to AFGC S.A by an agreement.