The Fund for the Guarantee of Priority Investments (Fongip) has mobilised a total of 2350 2000 2000 275 FCFA between October 22027 and October 210. These loans have contributed to the creation and maintenance of 1003 2100 jobs. The Fongip has recorded between October 2000 and October 2000 remarkable results and has done a lot of work to strengthen its impact on the ground. Thus, in one year, the Fongip was granted financing guarantees for a total amount of 5 747 544 512 FCFA. These guarantees allowed the mobilisation of credits amounting to 10 886 0003 547 FCFA. These financing operations contributed to the creation and maintenance of 6 502 jobs. In addition, during the period under review, an envelope of 350 000 000 FCFA was granted to microfinance institutions to strengthen their capacity to finance project promoters. “The Fongip has concentrated its efforts on priority sectors such as agriculture, local industry, the green economy and female entrepreneurship, in alignment with the objectives of sustainable development”, a Fongip communiqué said. Awareness-raising campaigns and local meetings organized throughout Senegal.
Fongip: more than 10 billion FCFA of credits mobilised in one year
