PROPARCO has established a strong partnership with the banking sector by providing medium to long term lines of credit in US Dollars or in Euros to finance the investment projects of small and medium sized Ghanaian enterprises. During the last ten years, PROPARCO has provided over US$ 55 million to three commercial banks. Most of these funds have been used in financing investments in a range of sectors including the finance, industry, construction, timber, tourism, commerce, transport, food and pharmaceuticals.
PROPARCO has also fostered close cooperations with leasing companies who are particularly suited to the needs of small and medium enterprises. In this sector, PROPARCO has provided a total of US$ 2 million in credit to two leasing firms who have both fully utilised their facilities.
This brings the total amount committed by PROPARCO to the banking and non-banking financial sectors in Ghana to US$ 57 million.