The Foundation renews its funding to PAMF-BF

The GCA Foundation granted a new loan in local currency over a three-year period amounting to € 762 000 to PAMF – BF. Partner of the Foundation since 2014, PAMF – BF is a microfinance institution whose main activity is the collection of savings and the provision of credit on Burkina Faso territory in order to contribute to a better satisfaction of the financial needs of low-income people within an enhanced framework for the protection of their members or users. To date, the institution has 28,900 active borrowers, 29% of them being women and 84% of them living in rural areas