{"id":7604,"date":"2025-07-29T15:16:06","date_gmt":"2025-07-29T15:16:06","guid":{"rendered":"https:\/\/dgtcfm.cm\/composition-of-approval-application-files-for-carrying-out-microfinance-activities-as-2nd-and-3rd-category-mfis\/"},"modified":"2025-08-13T08:57:54","modified_gmt":"2025-08-13T08:57:54","slug":"composition-of-approval-application-files-for-carrying-out-microfinance-activities-as-2nd-and-3rd-category-mfis","status":"publish","type":"page","link":"https:\/\/dgtcfm.cm\/en\/composition-of-approval-application-files-for-carrying-out-microfinance-activities-as-2nd-and-3rd-category-mfis\/","title":{"rendered":"Composition of Approval Application Files for Carrying out Microfinance Activities as 2<sup>Nd<\/sup> and 3<sup>Rd<\/sup> Category MFIs"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"7604\" class=\"elementor elementor-7604 elementor-3016\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6d3c403 e-flex e-con-boxed e-con e-parent\" data-id=\"6d3c403\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-80c6b0b e-con-full e-flex e-con e-child\" data-id=\"80c6b0b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-03e76fd e-con-full e-flex e-con e-child\" data-id=\"03e76fd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e50c08c elementor-nav-menu--dropdown-tablet elementor-nav-menu__text-align-aside elementor-nav-menu--toggle elementor-nav-menu--burger elementor-widget elementor-widget-nav-menu\" data-id=\"e50c08c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;svg aria-hidden=\\&quot;true\\&quot; 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menu-item-object-custom menu-item-5636\"><a href=\"#\" class=\"elementor-item elementor-item-anchor\">Approval applications<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7804\"><a href=\"https:\/\/dgtcfm.cm\/en\/composition-of-application-files-for-approval-to-operate-microfinance-activities-as-a-category-1-mfi\/\" class=\"elementor-item\">Composition of Application Files for Approval to Operate Microfinance Activities as a Category 1 MFI<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7805\"><a href=\"https:\/\/dgtcfm.cm\/en\/composition-of-approval-application-files-for-carrying-out-microfinance-activities-as-2nd-and-3rd-category-mfis\/\" class=\"elementor-item\">Composition of Approval Application Files for Carrying out Microfinance Activities as 2<sup>Nd<\/sup> and 3<sup>Rd<\/sup> Category MFIs<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7806\"><a href=\"https:\/\/dgtcfm.cm\/en\/application-file-requirements-for-microfinance-activity-approval-as-a-manager-and-auditor-of-emf\/\" class=\"elementor-item\">Application File Requirements for Microfinance Activity Approval as a Manager and Auditor of EMF<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu Toggle\" aria-expanded=\"false\">\n\t\t\t<svg aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--open e-font-icon-svg e-eicon-menu-bar\" viewBox=\"0 0 1000 1000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M104 333H896C929 333 958 304 958 271S929 208 896 208H104C71 208 42 237 42 271S71 333 104 333ZM104 583H896C929 583 958 554 958 521S929 458 896 458H104C71 458 42 487 42 521S71 583 104 583ZM104 833H896C929 833 958 804 958 771S929 708 896 708H104C71 708 42 737 42 771S71 833 104 833Z\"><\/path><\/svg><svg aria-hidden=\"true\" role=\"presentation\" 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class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7804\"><a href=\"https:\/\/dgtcfm.cm\/en\/composition-of-application-files-for-approval-to-operate-microfinance-activities-as-a-category-1-mfi\/\" class=\"elementor-item\" tabindex=\"-1\">Composition of Application Files for Approval to Operate Microfinance Activities as a Category 1 MFI<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7805\"><a href=\"https:\/\/dgtcfm.cm\/en\/composition-of-approval-application-files-for-carrying-out-microfinance-activities-as-2nd-and-3rd-category-mfis\/\" class=\"elementor-item\" tabindex=\"-1\">Composition of Approval Application Files for Carrying out Microfinance Activities as 2<sup>Nd<\/sup> and 3<sup>Rd<\/sup> Category MFIs<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7806\"><a href=\"https:\/\/dgtcfm.cm\/en\/application-file-requirements-for-microfinance-activity-approval-as-a-manager-and-auditor-of-emf\/\" class=\"elementor-item\" tabindex=\"-1\">Application File Requirements for Microfinance Activity Approval as a Manager and Auditor of EMF<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0d7e7dd e-con-full e-flex e-con e-child\" data-id=\"0d7e7dd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-58c3796 elementor-widget elementor-widget-text-editor\" data-id=\"58c3796\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div>\n\n<h2 style=\"color: #1A2C3D; margin-bottom: 30px; border-bottom: 3px solid #F2C230; padding-bottom: 10px;\">Composition of the approval file for 2nd and 3rd category MFIs<\/h2>\n\n<ul style=\"margin-bottom: 30px; padding-left: 30px;\">\n<li style=\"margin-bottom: 8px;\">A form containing general information about the Microfinance institution<\/li>\n<li style=\"margin-bottom: 8px;\">A certified copy of the institution&#8217;s articles of association<\/li>\n<li style=\"margin-bottom: 8px;\">A certified copy of the minutes of the constitutive general meeting<\/li>\n<li style=\"margin-bottom: 8px;\">The establishment&#8217;s registration certificate in the <strong style=\"color: #1A2C3D;\">Commercial Register<\/strong><\/li>\n<li style=\"margin-bottom: 8px;\">The list of shareholders with details (number of shares, par value, paid-up shares, percentage of participation, and voting rights equivalent)<\/li>\n<li style=\"margin-bottom: 8px;\">Information details on the shareholders listed below<\/li>\n<li style=\"margin-bottom: 8px;\">The notarized declaration of subscription and payment of share capital<\/li>\n<li style=\"margin-bottom: 8px;\">The report of the contributions auditor for any in-kind contribution<\/li>\n<li style=\"margin-bottom: 8px;\">Bank account statements showing receipt of the paid-up share capital<\/li>\n<li style=\"margin-bottom: 8px;\">The provisional composition of the Board of Directors (<strong style=\"color: #1A2C3D;\">executive, non-executive, and independent directors<\/strong>)<\/li>\n<li style=\"margin-bottom: 8px;\">Information elements on the members of the Board of Directors<\/li>\n<li style=\"margin-bottom: 8px;\">Information details on the general manager and deputy general manager<\/li>\n<li style=\"margin-bottom: 8px;\">Information elements on the statutory auditors<\/li>\n<li style=\"margin-bottom: 8px;\">The list and composition of the <strong style=\"color: #1A2C3D;\">specialized committees of the Board of Directors<\/strong> and their responsibilities<\/li>\n<li style=\"margin-bottom: 8px;\">The list and composition of the specialized committees intended to assist the General Management and their responsibilities<\/li>\n<li style=\"margin-bottom: 8px;\">The provisional organizational chart as defined in the aforementioned regulation<\/li>\n<li style=\"margin-bottom: 8px;\">The <strong style=\"color: #1A2C3D;\">provisional business plan for three (03) financial years<\/strong> (project description, strategic analysis, commercial strategy, organizational forecasts, and financial projections)<\/li>\n<li style=\"margin-bottom: 8px;\">Details of the technical, financial, and human resources implemented<\/li>\n<li style=\"margin-bottom: 8px;\">Provisional balance sheets and income statements for three (03) years<\/li>\n<li style=\"margin-bottom: 8px;\">Draft procedure manuals (<strong style=\"color: #1A2C3D;\">internal control, risk management, information system, business continuity plan, AML\/CFT, governance charter<\/strong>)<\/li>\n<li style=\"margin-bottom: 8px;\">Staffing evolution forecasts (national and expatriate)<\/li>\n<li style=\"margin-bottom: 8px;\">The technical assistance agreement with a reference partner, if applicable<\/li>\n<\/ul>\n\n<h2 style=\"color: #1A2C3D; margin-top: 40px; margin-bottom: 20px; border-bottom: 2px solid #F2C230; padding-bottom: 8px;\">Information details related to the individual shareholder<\/h2>\n\n<ul style=\"margin-bottom: 30px; padding-left: 30px;\">\n<li style=\"margin-bottom: 8px;\">A <strong style=\"color: #1A2C3D;\">curriculum vitae written in French<\/strong>, dated and signed<\/li>\n<li style=\"margin-bottom: 8px;\">A certified true copy of a valid official identity document (National ID Card, Passport)<\/li>\n<li style=\"margin-bottom: 8px;\">A <strong style=\"color: #1A2C3D;\">criminal record extract less than three (03) months old<\/strong><\/li>\n<li style=\"margin-bottom: 8px;\">A <strong style=\"color: #1A2C3D;\">notarized certificate of financial standing<\/strong> (certified by consular authority if nationality outside CEMAC)<\/li>\n<li style=\"margin-bottom: 8px;\">The list of holdings in other MFIs or companies in CEMAC or abroad<\/li>\n<li style=\"margin-bottom: 8px;\">A <strong style=\"color: #1A2C3D;\">sworn statement<\/strong> indicating the lawful origin of the funds to be invested<\/li>\n<\/ul>\n\n<h2 style=\"color: #1A2C3D; margin-top: 40px; margin-bottom: 20px; border-bottom: 2px solid #F2C230; padding-bottom: 8px;\">Information details related to the private legal entity shareholder<\/h2>\n\n<ul style=\"margin-bottom: 30px; padding-left: 30px;\">\n<li style=\"margin-bottom: 8px;\">A notarized copy of the entity&#8217;s articles of association<\/li>\n<li style=\"margin-bottom: 8px;\">The minutes of the extraordinary general meeting authorizing <strong style=\"color: #1A2C3D;\">the subscription to the MFI&#8217;s capital<\/strong><\/li>\n<li style=\"margin-bottom: 8px;\">The list of shareholders and beneficial owners of the company (number of shares, par value, percentage of participation, and voting rights)<\/li>\n<li style=\"margin-bottom: 8px;\">The <strong style=\"color: #1A2C3D;\">certified annual financial statements for the last three (03) fiscal years<\/strong> (balance sheets and income statements)<\/li>\n<li style=\"margin-bottom: 8px;\">The list of holdings in other MFIs or companies in CEMAC or abroad<\/li>\n<li style=\"margin-bottom: 8px;\">A sworn statement from the legal representative attesting to the lawful origin of the funds to be invested<\/li>\n<\/ul>\n\n<h2 style=\"color: #1A2C3D; margin-top: 40px; margin-bottom: 20px; border-bottom: 2px solid #F2C230; padding-bottom: 8px;\">Information details related to the public legal entity shareholder<\/h2>\n\n<ul style=\"margin-bottom: 30px; padding-left: 30px;\">\n<li style=\"margin-bottom: 8px;\">The instrument establishing the legal entity<\/li>\n<li style=\"margin-bottom: 8px;\">The act authorizing <strong style=\"color: #1A2C3D;\">the acquisition of a stake in the capital<\/strong> of the establishment<\/li>\n<li style=\"margin-bottom: 8px;\">A <strong style=\"color: #1A2C3D;\">commitment to support the MFI&#8217;s development<\/strong> if the legal entity is a majority shareholder<\/li>\n<\/ul>\n\n<h2 style=\"color: #1A2C3D; margin-top: 40px; margin-bottom: 20px; border-bottom: 2px solid #F2C230; padding-bottom: 8px;\">Composition of the approval application file from subsidiaries of financial holdings, other parent entities, or MFIs belonging to such entities<\/h2>\n\n<ul style=\"margin-bottom: 30px; padding-left: 30px;\">\n<li style=\"margin-bottom: 8px;\">The <strong style=\"color: #1A2C3D;\">group organizational chart<\/strong> to which the applicant belongs<\/li>\n<li style=\"margin-bottom: 8px;\">The list of shareholders and <strong style=\"color: #1A2C3D;\">beneficial owners<\/strong> of the holding company and related entities<\/li>\n<li style=\"margin-bottom: 8px;\">The <strong style=\"color: #1A2C3D;\">certified consolidated financial statements for the last three (03) fiscal years<\/strong> (balance sheets and income statements)<\/li>\n<li style=\"margin-bottom: 8px;\">The list of holdings in the capital of MFIs and other companies in CEMAC or abroad by the applicant, its group, or the financial holding company<\/li>\n<li style=\"margin-bottom: 8px;\">The minutes of the deliberative body authorizing the creation or acquisition of a stake in the subsidiary<\/li>\n<\/ul>\n\n<h2 style=\"color: #1A2C3D; margin-top: 40px; margin-bottom: 20px; border-bottom: 2px solid #F2C230; padding-bottom: 8px;\">Information details related to each individual director or representative of a legal entity<\/h2>\n\n<ul style=\"margin-bottom: 30px; padding-left: 30px;\">\n<li style=\"margin-bottom: 8px;\">A <strong style=\"color: #1A2C3D;\">curriculum vitae written in French<\/strong>, dated and signed<\/li>\n<li style=\"margin-bottom: 8px;\">A <strong style=\"color: #1A2C3D;\">criminal record extract less than three (03) months old<\/strong><\/li>\n<li style=\"margin-bottom: 8px;\">A <strong style=\"color: #1A2C3D;\">sworn statement<\/strong> of functions and mandates exercised outside the establishment, attesting to the absence of regulatory prohibitions or incompatibilities<\/li>\n<\/ul>\n\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Composition of the approval file for 2nd and 3rd category MFIs A form containing general information about the Microfinance institution A certified copy of the institution&#8217;s articles of association A certified copy of the minutes of the constitutive general meeting The establishment&#8217;s registration certificate in the Commercial Register The list of shareholders with details (number [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_mo_disable_npp":"","om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-7604","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/comments?post=7604"}],"version-history":[{"count":1,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7604\/revisions"}],"predecessor-version":[{"id":7605,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7604\/revisions\/7605"}],"wp:attachment":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/media?parent=7604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}