Vista Group, the financial services company under American-Burkinabe banker Simon Tiemtorx2019s Lilium Capital, has signed two financing agreements worth a combined 34.8 million with the European Investment Bank EIB to expand access to credit for small and mid-sized businesses in Guinea and Sierra Leone.
The deals include 20 million 23.2 million for Vista Gui and 10 million 11.6 million for Vista Bank Sierra Leone. The funding, backed by the European Fund for Sustainable Development Plus EFSD, is aimed at widening access to credit for small businesses and mid-sized firms.
The signing took place in Washington, attended by Tiemtor, EIB Vice President Ambroise Fayolle, and Marjeta Jager, deputy director-general at the European Commissions Directorate-General for International Partnerships.