To date, the SNI purchases shares in private ventures to which it grants loans, in case of need. The project cycle outlines the stages a proposal submitted to SNI follows, prior to receiving SNI financing upon selection.
Application to SNI for financing
There is no standard application format for funding or for
submitting a project to the SNI. Any private national or
foreign promoter who either has a project or who wishes
to develop an existing enterprise may contact the SNI directly.
The only requirement is to prepare a business
plan which describes the project in detail and submit
a project to SNI. Following this initial contact, which
presupposes that pre-investment studies have previously
been conducted by the promoter, the SNI, through its Studies
and Projects Department, will conduct a preliminary appraisal
of the project on the basis of the minimum details required
for submitting a file. The promoter will receive an acknowledgement
for the file submitted at least two weeks later. This stage
opens the way for an evaluation of the project.
Project evaluation
The Approvals Board comité de censure composed of
SNI management staff will effectively evaluate the project.
The appraisal follows directives from the Office of the
General Manager. In the event that the Board’s appraisal
is positive, the promoter of the project will be notified
within two weeks of a site visit by a team of experts. The
team will submit an evaluation report, which will be examined
by the Approvals Board Comité de Censure, in case
of a positive appraisal by the experts. The project will
then be finalized for submission to the Special Equities
Committee at SNI Comité Spécialisé
de Prise de Participation de la SNI. This stage ends with
the holding of the committee meeting
Negotiating the intervention
This stage is the responsibility of the Special Equities
Committee Comité Spécialisé de Prise
de Participation. The committee will lay down conditions
for SNI involvement, which are forwarded to the promoter.
If the promoter accepts those conditions, then the project
implementation process is set in motion.
Implementation monitoring
This stage begins with the investment and ends with its
transfer to the SNI portfolio.
Une autorisation de prêt de 500 000 millions de FCFA a été accordée à une société de filature, de tissage et d’impression sur tissu. Ce prêt a été octroyé au début de l’année 2005
