CRIF completes the development of the microcredit bureau in Benin within a very challenging timescale

​The solution, specifically designed for microfinance institutions, is already configured to integrate Beninese banks and financial institutions. The project development has involved all the major banking, financial and microfinance associations in Benin, as well as the local presence of a team of CRIF experts to carefully follow every phase to ensure the agreed deadline was met.
The credit bureau will contribute to a reduction in insolvencies and the development of an efficient lending market that will benefit both lenders and borrowers as part of MCA-Benin’s wider strategic program aimed at improving key infrastructures in the country, and increasing activities and investments in the private sector.