News & Events

11/15/2010

Microfinance in Togo


The Microfinance Chair of the Burgundy School of Business organized a round table with 30 microfinance actors and semi-structured interviews to document the history of microfinance in Togo.


Isabelle Chalamon & Arvind Ashta à Lomé (septembre 2010)

The Burgundy School of Business reinforced its presence in Togo. For the second consecutive year, the student association Alterr’Egaux went to the little town named Adeta do develop microcredit. Eight students went in the perod of June to August and awarded 28 loans of an average of 60,000 FCFA (about 100 € each).

Autumn 2010, the Microfinance Chair of the Burgundy School of Business continued its work in this country by organizing the "Encounters in Lomé" of 2 to 9 September 2010. Arvind Ashta, Chairholder, Isabelle Demay, Director of Corporate Relations and Isabelle Chalamon, Professor of Marketing, were on hand to network with thirty Togolese microfinance actors, including MFI managers, microfinance regulators, international donors (UN, World Bank, French Development Agency) and academics (University of Lomé).

Their presence was also an opportunity, as part of the research activities of the Chair, to study of the history of microfinance in Togo. This is part of a larger work conducted on the West African Economic and Monetary Union (UEMOA), whose objective is to highlight the key success factors for the development of MFI in Africa. Over 20 personal interviews of 1hour and 30 minutes were conducted in this academic research context.

Finally, in the context of the rich interactions between students and teachers in the Chair, the team met with the borrowers of the association Alterr'Egaux.