Individual warranty

Also known as a case-by-case guarantee, it is aimed directly at SMEs borrowing from banks or raising funds on the financial markets.

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Boulevard CEN-SAD Rue 12 044 Cotonou , Bénin
(+229) 01 97 97 97 30
(+229) 01 94 01 37 20
courriel.fagace@fagace.org
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CHARACTERISTICS Subscription method Coverage level Implementation

Recipients

The beneficiaries of this type of guarantee are :

Viable private or mixed companies with their headquarters and main field of activity in one of the FAGACE member states ,

National and international financial institutions

Regional bodies whose activities contribute to the integration of member states' economies

Guaranteed competitions

Guarantees for medium- and long-term loans to finance or refinance productive investments;

Guarantee for short-term transactions;

Guaranteeing the raising of funds on national and/or regional financial markets;

Re-guarantee;

Security deposits

Made through the intermediary of the credit institution (bank/microcredit institution) chosen by the promoter.

See the list of FAGACE partner financial institutions

Individual or case-by-case coverage covers all business sectors except those prohibited by law..

Warranty period

It corresponds to that of credit.

Guarantee ceiling

Guarantees for medium- and long-term loans to finance or refinance productive investments;

Guarantee for short-term transactions;

Guaranteeing the raising of funds on national and/or regional financial markets;

Re-guarantee;

Security deposits

Individual or case-by-case coverage covers all business sectors except those prohibited by law.