Fonds d'Impulsion de la Microfinance (FIM) – Crédits aux PME via SFD

About this opportunity

FIM is a Senegalese government loan scheme offering XOF 100,000–10m at concessional rates through licensed microfinance institutions (SFDs) for productive ventures in agriculture, fishing, trade and manufacturing. You must apply via an approved SFD partner, not directly to the fund.

Who can apply

• Senegalese micro-entrepreneurs or SME owners
• Applicants in agriculture, artisanal fishing, small trade, or manufacturing sectors
• Businesses with a viable, productive project (not consumer credit)
• Owners able to access and work through a registered, licensed SFD partner institution

Not eligible

• Non-Senegalese business owners
• Projects for consumer credit or non-productive use
• Applicants unable to engage with an approved SFD microfinance partner

Not sure you qualify? Check in 60 seconds

Documents you will need

• Business plan or project proposal detailing use of funds and expected returns
• Personal or business identification documents
• Financial statements or records demonstrating business viability (typically last 12 months for established businesses)
• Collateral documentation (requirements vary by SFD partner)
• SFD partner may request additional documents such as tax registration, premises proof, or customer/supplier references

Missing a business plan or CV? Write one for this funder · Build your CV

How to apply, step by step

1. Identify an approved SFD (Système Financier Décentralisé) partner institution operating in your region; the FIMF website lists partner organisations and their locations
2. Contact the SFD directly with details of your business and loan request; each SFD manages its own application intake
3. Prepare and submit your business plan and required documents to the SFD partner
4. Work with the SFD to agree loan terms, repayment schedule, and collateral arrangements
5. If needed, contact FIMF directly at fimf@fimf.sn or 33 889 15 99 (address: 4 Avenue Jean Jaurès, Immeuble El Hadji Oumar Dia, 2ème étage, Dakar) for support locating an SFD partner or clarifying eligibility

How applications are selected

What reviewers look for

• SFDs prioritise projects that generate clear, measurable returns—farming output, catch volumes, turnover or product sales. Vague or speculative plans are rejected.
• Collateral requirements differ across SFD partners; some may accept business assets, equipment, or community guarantees rather than property alone. Clarify what your chosen SFD will accept.
• The fund targets vulnerable groups including women, youth and people living in poverty, so if you fall into these categories, flag this in your application.
• Productive use is mandatory. Loans for inventory, equipment, or crop inputs are approved; loans to repay consumer debt, pay personal expenses or finance resale of goods without added value are not.
• Existing business owners with a track record and clean repayment history on any prior credit are faster to approve than first-time borrowers.

Frequently asked questions

Guide written from the official programme page on 15 October 2026. Funders change their rules, so confirm the details on the official page before you apply.

How GrantPilot can help you apply