Baobab
About the Company
Baobab is a financial services provider that serves small businesses. By combining a network of physical branches with mobile and digital banking solutions, Baobab DRC works to advance financial inclusion and support economic empowerment.
Investment Details
Sector: Financial services
Deal value: $10 million
Investor: FMO
Country: Democratic Republic of Congo
Announced: November 2024
Type: Senior loan
Purpose: Support on-lending for micro, small and medium-sized enterprises
Impact: Financial inclusion
Select examples of ARIA support: Due diligence support and investment committee support