In order to build a rice processing plant, the Dumu Ka Fa fund granted financing of 250 million CFA francs to the Société Industrielle de Production Agro-Alimentation (SIPA-BF), whose headquarters are in Banfora, in the Cascades region.

The Chairman of the Board of Directors (PCA) of the Société Industrielle de Production Agro-Alimentation (SIPA-BF), Zakaria Traoré announced that “the fund is 250 million CFA francs, including 158 million for the construction of infrastructure. The remaining 92 million for working capital. I think we are at a very advanced stage today. We hope that around August 15, we will be at roof level.” For him, this financing made it possible to carry out this project, which is 80% in terms of construction, infrastructure and construction.

The latter indicates that “it is a good financing that meets our requirements and in the requirements we would have liked. A loan that is very simple and flexible, up to what we want to do. The interest rate is very affordable and the credit has been facilitated with good follow-up.”

According to him, Dumu Ka Fa is a good financial partner and SIPA-BF maintains a good relationship with the Fund, which supports it in line with its expectations.