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PAPME - Agence pour la Promotion et l’Appuis aux Petites et Moyennes Entreprises
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Legal residence:Benin
Organization type:Consulting organization
Funding agencies: European Commission Directorate-General for International Partnerships (EuropeAid HQ)
Sectors: Risk Management (incl. insurance), SME & Private Sector
Status:
Active
About
The mission of PAPME is to promote the development of small and medium enterprises in Benin, to reinforce the economic base of poor, self-employed people undertaking a small enterprise and those who have a fixed income due to a salary or otherwise. The mission of PAPME is also to help protect clients against the risks to which they are exposed in the course of their activities.
PAPME was created in October 1993 with support from the beninois government, with the goal of renewing the private sector through the promotion of small and medium enterprise (SME) development. The government supported the creation of the project in an attempt to ameriorate the social effects of structural adjustment programs.
The project was transfomed into an independent entity, with the legal status of Association, in 1998.
The main challenges of PAPME are to continuously expand its geographic outreach so that it can respond to a wider spectrum of demands for services, as well as to diversify its product offerings such that in can respond to multiple client demands.
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