Baobab Group reaches 1 million customers

Our first million of micro, Small & Medium Entrepreneurs served in Africa & China

March 2019, Baobab served more than 1 million client

45 % of our clients are women

35% of our clients are below 35 year old and 35% of our clients are between 35 and 45 year old

Our clients are mainly urban



70 % of our clients had their first relationship with a financial institution with Baobab


248,580 clients currently have a loan with us, those clients have usually 3 additional products with us


Baobab Group



Average loan size for the group is 3,910€, in China it is 12 000 €, in Africa 2,950€



Luc Veyssiere-Baobab



Luc Veyssiere, Chief Data Officer


More News

Our App is now available in Madagascar!

Over 200,000 clients can now access the Baobab App in Madagascar. This mobile App allows clients to monitor their account balance, follow loan repayments and get full access to all tailored commercial offers.

Baobab Group’s 2019 Annual Report is now online!

In 2019, Baobab Group has performed strongly. By the end of 2019, we had disbursed almost €1bn in loans and had a gross loan portfolio of €714m in Africa and China. In 2019, Baobab Group recorded excellent financial results.

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