Pan-African Microfinance Burkina Faso Pmbf-sa

What Pan-African Microfinance Burkina Faso Pmbf-sa does

Pan-African Microfinance Burkina Faso (PMBF-SA), formerly Société de Financement de la Petite Entreprise (SOFIPE), is a regulated microfinance institution headquartered in Ouagadougou, Burkina Faso, and operating as the microfinance subsidiary of the Ecobank Group in Burkina Faso. Founded in 2008 by the Agricultural and Commercial Bank of Burkina (BACB) with social investors Africap and Oikocredit and an initial capital of 1,850,000,000 FCFA, the company obtained its microfinance operating license in September 2012 (approval number A-13120460) under Burkina Faso's decentralized financial systems law n° 023-2009/AN. It serves low-income populations, micro and small entrepreneurs in rural, peri-urban and urban areas, as well as public/private sector salaried employees and formal/informal groups, through a network of 14 branches and counters organized into three agencies (Ouagadougou HQ, Fada N'Gourma, Bobo Dioulasso) across 11 cities.

The product portfolio is built around two core verticals — savings and credit — augmented by ancillary services. Savings products include demand deposits, passbook accounts, term deposits, and specialized plans (Songré, Yiir Saya). Credit products include community double solidarity credit (CDS) for formal groups, micro-enterprise solidarity credit (CSM) for informal groups, TIKALI credit for rural women, individual small business credit (CIPE), productive equipment credit (CEP), and electronic credit support. Ancillary services encompass micro-insurance (stock and life), money transfer via Western Union, MoneyGram, Rapid Transfer, Ria, Wari, Orange Money, Mobicash, and X-press, signing commitments/guarantees, wage and pension transfers for CNSS and CARFO beneficiaries, and financial education advisory services. A digital tontine product (Tontine Digitale) was launched in April 2023.

The business model relies on net interest income from micro-lending, float income on deposits, transaction fees from remittances, and fee income from micro-insurance and guarantee services. Distribution is predominantly branch-based with community outreach through group-lending methodologies, supplemented by mobile banking for last-mile collection. Technology infrastructure details are not publicly disclosed. The company employs approximately 20 staff and is part of a network of five Ecobank Group microfinance subsidiaries across Africa (Ghana, Sierra Leone, Cameroon, Nigeria, Burkina Faso).

Name

Pan-African Microfinance Burkina Faso Pmbf-sa

Legal name

Pan-African Microfinance Burkina Faso SA

Website

https://panafricanmf.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Pan-African Microfinance Burkina Faso (PMBF-SA) is a regulated microfinance institution and Ecobank Group subsidiary that provides savings, credit, micro-insurance, money transfer, and mobile banking services to low-income populations, micro/small entrepreneurs, and salaried workers across 14 branches in 11 cities in Burkina Faso.

Ownership category

akta.pro rank

Product category

Microfinance

NAICS

Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

Personal Credit Institutions (6141), Short-Term Business Credit Institutions (6153)

akta.pro industry

PRIMARYFSAKAHAD

Microfinance & Community P2P Lending

Financial & Insurance/Lending & Consumer Finance/Peer-to-Peer (P2P) & Marketplace Lending

SECONDARYFSAKAGAA

Microloans & Working Capital Loans

Financial & Insurance/Lending & Consumer Finance/Small Business & Microenterprise Lending

SECONDARYFSAKAGAG

Agricultural & Rural Microfinance

Financial & Insurance/Lending & Consumer Finance/Small Business & Microenterprise Lending

Keywords

• Microfinance services
• Micro credit lending
• Savings accounts
• Money transfer services
• Micro insurance

Headquarters

HQ city

Ouagadougou

HQ country

Burkina Faso

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Microfinance Lending: PMBF generates revenue primarily through interest on credit products offered to micro and small entrepreneurs, including community solidarity credit, individual small business credit, productive equipment credit, and electronic credit support.
2. Deposit-Taking and Savings: The institution accepts deposits through various savings accounts including demand deposits, passbook deposits, term deposits, and specialized savings plans (Songré, Yiir Saya).
3. Money Transfer Services: PMBF offers money transfer services through partnerships with Western Union, MoneyGram, Rapid Transfer, Ria, Wari, and MoneyGram, generating fees on transactions.
4. Micro Insurance: Provides stock insurance and life insurance products to support loan and deposit customers.
5. Mobile Banking and Wage Transfers: Services include wage and pension transfers for CNSS and CARFO, mobile banking collections, and electronic credit support.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

PMBF is a microfinance institution that provides savings, credit, money transfer, micro-insurance, and wage/pension transfer services to low-income populations and micro/small entrepreneurs across Burkina Faso. Its portfolio includes solidarity group lending (CDS, CSM, TIKALI), individual small business credit (CIPE), productive equipment credit (CEP), electronic credit support, and demand/passbook/term deposit accounts. The institution distributes these services through 14 branch counters in 11 cities and via mobile banking.

Product overview

Pan-African Microfinance Burkina Faso (PMBF-SA) is a microfinance institution offering a comprehensive suite of financial services to low-income populations, particularly micro and small entrepreneurs in rural, peri-urban, and urban areas of Burkina Faso. The core product portfolio consists of savings products (demand deposits, passbook accounts, term deposits, Songré and Yiir Saya accounts, savings plans) and credit products (community double solidarity credit, micro-enterprise solidarity credit, TIKALI credit for rural women, individual small business credit, productive equipment credit, and electronic credit support). The company also provides ancillary services including micro insurance (stock and life), money transfers (Western Union, MoneyGram, Ria, Rapid Transfer), wage and pension transfers for CNSS and CARFO, signing commitments/guarantees, and financial education and advisory services. PMBF operates across a network of fourteen points of sale in eleven cities, serving individuals, enterprises, formal and informal groups, and public/private sector employees.

Differentiator

Problem solved

Functional benefit

Products and services

• Savings Products A suite of savings accounts including demand deposits, passbook deposits, term deposits, Songré and Yiir Saya accounts, and savings plan accounts designed for low-income populations and micro-entrepreneurs.
• Credit Products Credit offerings covering Community Double Solidarity Credit (CDS) for formal groups, Micro-Enterprise Solidarity Credit (CSM) for informal groups, TIKALI credit for rural women, and Individual Small Business Credit (CIPE) for small enterprises.
• Productive Equipment Credit (CEP) Credit facility intended for creditworthy clients of CDS, CSM, CIPE and new clients of all types to acquire productive equipment.
• Electronic Credit Support Electronic credit products including strengthening credit, working capital, first deposit credit, and overdraft credit facilities.
• Signing Commitments (Guarantees) Guarantee and commitment services including bid bonds, performance bonds, guarantee retention deposits, start-up advance return deposits, credit line certificates, and bank identity statements.
• Micro Insurance Micro insurance services offering stock insurance and life insurance coverage for microfinance customers.
• Transfer of Wages and Pensions (CNSS and CARFO) Wage and pension transfer services including check remittance and mobile banking collection at home or on site via mobile technology for CNSS and CARFO beneficiaries.
• Money Transfer Money transfer services enabling customers to receive or send money via Western Union, MoneyGram, Rapid Transfer, and Ria Money Transfer.
• Advice and Assistance Financial advisory services including savings awareness, credit management awareness, and financial education programs.
• Tontine Digitale

Quantifiable outcome

• Serves low-income populations in rural, peri-urban and urban areas across Burkina Faso with 14 service points
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Partnerships

One partnership is on record.

• Ecobank Group Microfinance Subsidiaries (Ghana, Sierra Leone, Cameroon, Nigeria)coreStrategic or Co-development PartnerPMBF is part of Ecobank Group's network of 5 microfinance subsidiaries across Africa (Ghana, Sierra Leone, Cameroon, Nigeria, Burkina Faso), aligned with the vision of building a world-class pan-African microfinance industry.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Baobab (formerly Microcred): Pan-African microfinance institution operating in multiple African countries, including Francophone West Africa. Competes in micro-credit and SME lending to underserved entrepreneurs with similar group/individual methodologies.
• Advans Banque Côte d'Ivoire: Pan-African microfinance group operating in WAEMU and CEMAC. Targets similar micro/small entrepreneurs with credit, savings, and mobile money services across Francophone Africa.
• Ecobank Microfinance (Sierra Leone): Another Ecobank Group microfinance subsidiary in Sierra Leone. Operates under the unified PMBF-style microfinance platform with identical products and methodology.
• ACEP Burkina: Burkina Faso-based microfinance institution serving micro-entrepreneurs and SMEs with credit and savings products. Directly competes in the same urban and peri-urban catchments as PMBF.
• Ecobank Microfinance (Ghana): Sister subsidiary of Ecobank Group operating microfinance in Ghana under the same pan-African microfinance vision. Directly comparable in ownership, product suite, and group-based lending model.
• FINCA Microfinance Burkina (FIB): FINCA Impact Finance subsidiary operating village banking and microfinance in Burkina Faso. Direct competitor in group-based microcredit to underserved entrepreneurs using social-collateral methodology.
• Réseau COOPEC Burkina: Burkina Faso cooperative credit network offering micro-credit and savings to members. Operates in the same regulatory SFD framework and competes for the same low-income and micro-entrepreneur base.

Regional players

• Kafo Jiginew: Leading Malian microfinance network offering savings, credit, and member services across Mali. Highly comparable in WAEMU-zone regulatory context and target segments.
• PAMECAS (Senegal): Major Senegalese microfinance network with credit and savings products for micro-entrepreneurs and groups. Comparable WAEMU-region mutualist model with similar community-based lending.

Broad incumbents

• Ecobank Burkina: Parent commercial bank that absorbed BACB and now holds PMBF as its microfinance vehicle. Provides deposit/capital backstop and competing retail banking services in the same cities where PMBF operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pan-african-microfinance-burkina-faso-pmbf-sa

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pan-African Microfinance Burkina Faso Pmbf-sa