Finance

Côte d’Ivoire: Jely Group mobilizes CFA5 billion to support local SMEs

Côte d’Ivoire: Jely Group mobilizes CFA5 billion to support local SMEs
Friday, 15 May 2020 15:52

Jely Group, a firm specializing in the financing and restructuring of SMEs has mobilized between September 2019 and April 2020, the amount of CFA5.3 billion (about $8.5 million) to support Ivorian SMEs. Of this sum, 20% has been disbursed to mitigate the impact of the coronavirus.

According to the group’s Managing Partner, Mamadou Kouyaté, “financing exists for SMEs, but only on the condition that they have a minimum of organization and good governance. At Jely Group, we have developed a methodology and expertise that enables us to transform any SME into a profitable and sustainable business. This way, we have the confidence of the lenders and we can raise funds even in difficult situations.”

Jely Group has developed a 6-point methodology based on a global approach of the company from strategy to finance, operational efficiency, HR, communication, and commercial efficiency.

About Jely Group
Jely Group is the first firm dedicated to SME financing and restructuring. Since its inception, Jely Group has assisted SMEs in the industrial, medical (pharmacies, clinics), real estate, and general services sectors. The company also has a branch dedicated to Human Resources (Jely HR) which offers recruitment, governance strengthening, and training services. https://www.jely-group.com/

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