2007

Feasibility Study for the Establishment of a Microfinance Institution

In 2007, LFS carried out a feasibility study for a greenfield microfinance institution (MFI) in Senegal. The mission to Senegal was carried out in February and March 2007. The feasibility study recommended to establish a MFI on the legal basis of an agreement ("convention cadre") with the Senegalese Ministry of Finance. The study also comprised a business plan.