LA TONTINIERE NATIONALE (LTN) Partner with I&P
LTN Cameroon is a microfinance institution specializing in financing very small businesses in urban areas, Douala, Yaoundé and Bafoussam.
The LTN project was to set up an efficient and cost-effective medium-term scheme for financing very small businesses in Cameroon and turn this into a private financial institution specializing in urban microfinance.
PARTNERSHIP WITH I&P
I & P is committed to LTN Cameroon:
• By setting up the transformation process of LTN Cameroon into a private financial institution
• Contributing to the development of the business plan and the constitution of the round table
• By ensuring regular operational monitoring
• By actively participating in governance bodies (audit committee and board of directors)
KEY IMPACTS
• Number of jobs created: 166
• Since 2005, LTN has awarded more than 45,000 loans to very small entrepreneurs (donut sellers, shoemakers, bayamselam)
• Average annual revenue growth since 2007: + 32%