Moon Banking

PADME

in Benin 🇧🇯

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About PADME in Benin

PADME (Société pour la Promotion et l'Appui au Développement des Micro-Entreprises) is a decentralized financial system (Système Financier Décentralisé) and one of the leading microfinance institutions in Benin. The institution specializes in providing financial services to micro-enterprises and low-income individuals, with a particular focus on women entrepreneurs and small traders.

PADME serves over 40,000 active borrowers and operates as a regulated financial institution under the supervision of Benin's banking authorities. The institution transformed from a government project into a private société anonyme (joint-stock company) in 2021.