TamTam

Financing line for PME impacted by COVID

Financement d'équipements, de stocks et de besoin en fonds de roulement jusqu'à 36 mois, à marge de 5,5 % l'an connue d'avance (conforme à la finance islamique). Destiné aux PME impactées par la COVID-19, en activité depuis 2019.

Free 200 seats in this intake Apply by 31 Dec 2026

Discover the program ↓

Months of support

Modules in the program

200

Seats per intake

Free

Cost to you

Ready to join Financing line for PME impacted by COVID?

200 seats will be allocated once applications have been reviewed.

Register for the program

Leave your details: your registration is saved right away. If this phone number or email already belongs to a TamTam account, it is linked automatically.

First name * Last name * Phone *

Company name * Year founded *

Program criteria

Does your company have a NINEA and an RCCM? * Region of your head office * Business sector *

Tick the documents you have: Bilan exercice N-1 Bilan exercice N-2 Bilan exercice N-3 Compte de résultat N-1 Compte de résultat N-2 Compte de résultat N-3

How did COVID-19 affect your business? *

I agree that my information may be used to process my registration for this program.

Why join this program?

Up to 36 months

Term matched to the project cycle, capped at 36 months.

5.5% yearly margin

Flat and all-inclusive, known upfront: 1,650,000 FCFA for 10 M over 36 months.

Flexible grace period

A repayment grace period is possible, aligned with your business.

Suitable collateral

Any security that mitigates the financing is accepted.

Sharia-compliant financing

A margin, not interest: Sharia-compliant.

About the program

This financing line lets Senegalese SMEs fund their equipment, inventory or working-capital needs under Islamic finance principles: no interest but a margin, fixed at signing and payable in instalments. This line targets in priority SMEs affected by COVID-19, operating since at least 2019, and relies on their financial statements from recent years to assess the application. Key points: • Term: up to 36 months. The line is reaching the end of its cycle, so the maximum term has been reduced from 60 to 36 months. • Margin: 5.5% per year, flat and all-inclusive — known from the start. On 10 million FCFA, the margin is 550,000 FCFA over 12 months, 1,100,000 FCFA over 24 months and 1,650,000 FCFA over 36 months. • Grace period: a repayment grace period is possible, assessed case by case according to the business cycle. • Collateral: any security that mitigates the financing is acceptable (pledge, personal guarantee, FONGIP guarantee, contract domiciliation, etc.). Indicative amounts: from 7 to 100 million FCFA, depending on the project. Applications are reviewed by the TAM TAM analysts.

Application conditions

The program is open to businesses meeting these conditions.

Business affected by COVID-19
Business operating since 2019 (or earlier)
Financial statements available for each year since 2019
Collateral able to mitigate the financing

The selection process

The steps and key dates, from the call for applications to the official launch.

1

Application filing

Project overview, requested amount and purpose of the financing (equipment, inventory, working capital).
2

Review & due diligence

Statement analysis, bankability score and needs assessment by the TAM TAM analysts.
3

Financing offer

Amount, term (≤ 36 months), 5.5% yearly margin, any grace period and required collateral.
4

Collateral & signing

Setting up the securities that mitigate the financing, then signing the contract.
5

Disbursement

The bank acquires the asset or releases the funds, and repayments begin (after the grace period where applicable).

What the Committee assesses

Applications are assessed across six maturity areas. The level reached sets your starting cohort.

Legal Articles of association / NINEA / RCCM in place?
Accounting Are accounts kept regularly?
Banking Is a business bank account open?
Tax Are tax filings up to date?
Social Are employees declared to IPRES/CSS (if applicable)?
Insurance Is a business insurance policy in place?

Starting cohort

Ndortel Yakaar Kepaar

Depending on the maturity observed, you join one of three groups. The final assignment is decided by the teaching team at the first-session diagnostic.

Contact

✉️ info@tamtamfinconnect.com