Estimated volume of agricultural financing by microfinance institutions in the West African Economic and Monetary Union (WAEMU) zone IN 1997
| Contribution by type of MFI (%)(1) | |||||||
MFI credit volume (CFAF billion) |
Estimated agricultural credit volume (CFAF billion) |
As percentage of global MFI credit volume |
SM |
CV |
PVC |
CD |
|
| Benin | 14.5 |
5.5– 5.7 |
36 |
99 |
– |
1 |
– |
| Burkina Faso | 9.7 |
3 |
27 |
60 |
5 |
26 |
9 |
| Côte d’Ívoire | 6.1 |
1.2 |
20 |
>90 |
– |
5–6 |
2 |
| Mali | 9.5 |
4.7 – 5 |
49 |
<75 |
>25 |
y |
<1 |
| Niger | 4.5 |
1.3 |
29 |
26 |
– |
48 |
26 |
| Senegal | 16.0 |
2.5– 2.8 |
19 |
75 |
– |
25 |
<1 |
| Togo | 7.8 |
0.780 |
10 |
75 |
– |
10 |
15 |
Total |
66.3 |
19 – 20 |
27 |
– |
– |
– |
– |
PASMEC – Support to microfinance institutions
SM - financial cooperatives
CV - community funds
PVC - projects with a credit component
CD - direct credit
(2) Exchange rate: USD 1 =CFAF 714.
y = small quantities
Source: Combination of PASMEC database with direct information gathered from MFIs in the CIRAD mission and research programme on agricultural financing (Wampfler, B. 2000. Le financement de l'agriculture dans un contexte delibéralisation: quelle contribution de la microfinance? Techniques Financières et Développement, No. 59.
