BNDA

The funding is to re-inforce the capacity of the Malian bank to grant mid-term and long-term loans, the sources said, adding that the BNDA plays a key part in the financing of the SMBs active in the Malian rural sector.

To meet all of the demand of its members in the region, Kafo has established a line of credit with the Banque Nationale du Developpement Agricole (BNDA) at an interest rate of 9% per annum.