{"id":7607,"date":"2025-07-23T04:02:05","date_gmt":"2025-07-23T04:02:05","guid":{"rendered":"https:\/\/dgtcfm.cm\/approval-conditions-for-microfinance-institutions\/"},"modified":"2025-10-25T23:28:15","modified_gmt":"2025-10-25T23:28:15","slug":"microfinance-institution-licensing-cameroon","status":"publish","type":"page","link":"https:\/\/dgtcfm.cm\/en\/microfinance-institution-licensing-cameroon\/","title":{"rendered":"Approval Conditions for Microfinance Institutions"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"7607\" class=\"elementor elementor-7607 elementor-2782\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9392b9a e-flex e-con-boxed e-con e-parent\" data-id=\"9392b9a\" 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-9996fc7 e-con-full e-flex e-con e-child\" data-id=\"9996fc7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-7413f0f e-con-full e-flex e-con e-child\" data-id=\"7413f0f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b6c198b 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=\"b6c198b\" 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; class=\\&quot;e-font-icon-svg e-fas-caret-down\\&quot; viewBox=\\&quot;0 0 320 512\\&quot; xmlns=\\&quot;http:\\\/\\\/www.w3.org\\\/2000\\\/svg\\&quot;&gt;&lt;path d=\\&quot;M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z\\&quot;&gt;&lt;\\\/path&gt;&lt;\\\/svg&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;toggle&quot;:&quot;burger&quot;}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-underline e--animation-fade\">\n\t\t\t\t<ul id=\"menu-1-b6c198b\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-7807\"><a href=\"https:\/\/dgtcfm.cm\/en\/\" class=\"elementor-item\">\ud83c\udfe0HOME<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-5670\"><a href=\"#\" class=\"elementor-item elementor-item-anchor\">MICROFINANCE INSTITUTIONS (MFIs)<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7808\"><a href=\"https:\/\/dgtcfm.cm\/en\/licensed-microfinance-institutions-cameroon\/\" class=\"elementor-item\">Approved microfinance institutions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-7809\"><a href=\"https:\/\/dgtcfm.cm\/en\/microfinance-institution-licensing-cameroon\/\" class=\"elementor-item\">Approval Conditions for Microfinance Institutions<\/a>\n<ul class=\"sub-menu elementor-nav-menu--dropdown\">\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7810\"><a href=\"https:\/\/dgtcfm.cm\/en\/composition-of-application-files-for-approval-to-operate-microfinance-activities-as-a-category-1-mfi\/\" class=\"elementor-sub-item\">Composition of Application Files for Approval to Operate Microfinance Activities as a Category 1 MFI<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7811\"><a href=\"https:\/\/dgtcfm.cm\/en\/composition-of-approval-application-files-for-carrying-out-microfinance-activities-as-2nd-and-3rd-category-mfis\/\" class=\"elementor-sub-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\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7812\"><a href=\"https:\/\/dgtcfm.cm\/en\/application-file-requirements-for-microfinance-activity-approval-as-a-manager-and-auditor-of-emf\/\" class=\"elementor-sub-item\">Application File Requirements for Microfinance Activity Approval as a Manager and Auditor of EMF<\/a><\/li>\n<\/ul>\n<\/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\" class=\"elementor-menu-toggle__icon--close e-font-icon-svg e-fas-long-arrow-alt-right\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M313.941 216H12c-6.627 0-12 5.373-12 12v56c0 6.627 5.373 12 12 12h301.941v46.059c0 21.382 25.851 32.09 40.971 16.971l86.059-86.059c9.373-9.373 9.373-24.569 0-33.941l-86.059-86.059c-15.119-15.119-40.971-4.411-40.971 16.971V216z\"><\/path><\/svg>\t\t<\/div>\n\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-b6c198b\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-7807\"><a href=\"https:\/\/dgtcfm.cm\/en\/\" class=\"elementor-item\" tabindex=\"-1\">\ud83c\udfe0HOME<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-5670\"><a href=\"#\" class=\"elementor-item elementor-item-anchor\" tabindex=\"-1\">MICROFINANCE INSTITUTIONS (MFIs)<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7808\"><a href=\"https:\/\/dgtcfm.cm\/en\/licensed-microfinance-institutions-cameroon\/\" class=\"elementor-item\" tabindex=\"-1\">Approved microfinance institutions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-7809\"><a href=\"https:\/\/dgtcfm.cm\/en\/microfinance-institution-licensing-cameroon\/\" class=\"elementor-item\" tabindex=\"-1\">Approval Conditions for Microfinance Institutions<\/a>\n<ul class=\"sub-menu elementor-nav-menu--dropdown\">\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7810\"><a href=\"https:\/\/dgtcfm.cm\/en\/composition-of-application-files-for-approval-to-operate-microfinance-activities-as-a-category-1-mfi\/\" class=\"elementor-sub-item\" tabindex=\"-1\">Composition of Application Files for Approval to Operate Microfinance Activities as a Category 1 MFI<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7811\"><a href=\"https:\/\/dgtcfm.cm\/en\/composition-of-approval-application-files-for-carrying-out-microfinance-activities-as-2nd-and-3rd-category-mfis\/\" class=\"elementor-sub-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\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7812\"><a href=\"https:\/\/dgtcfm.cm\/en\/application-file-requirements-for-microfinance-activity-approval-as-a-manager-and-auditor-of-emf\/\" class=\"elementor-sub-item\" tabindex=\"-1\">Application File Requirements for Microfinance Activity Approval as a Manager and Auditor of EMF<\/a><\/li>\n<\/ul>\n<\/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-7fd66b7 e-con-full e-flex e-con e-child\" data-id=\"7fd66b7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0a77e8c elementor-widget elementor-widget-text-editor\" data-id=\"0a77e8c\" 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<h2 style=\"color: #1a2c3d; margin-bottom: 20px; border-bottom: 2px solid #F2C230; padding-bottom: 8px;\">Microfinance in Cameroon: Regulatory Framework and Licensing Procedures<\/h2><p style=\"margin-bottom: 20px; text-align: justify;\">Microfinance plays a central role in financial inclusion in Cameroon. It allows populations often excluded from the traditional banking system to access credit, savings, and financial assistance services tailored to their needs. The sector is governed by rigorous regulations to ensure stability, transparency, and the protection of savers.<\/p><p style=\"margin-bottom: 20px; text-align: justify;\">It is defined as an activity carried out by approved entities that do not have the status of a bank or \u201cfinancial institution \u2014 <strong style=\"color: #1a2c3d;\">Microfinance Institutions (MFIs)<\/strong>. These structures habitually engage in credit operations and\/or savings collection, and offer specific financial services, primarily to populations operating outside the traditional banking system.\u201d<\/p><p style=\"margin-bottom: 30px; text-align: justify;\">In Cameroon, microfinance activity is governed by the <strong style=\"color: #1a2c3d;\">COBAC Regulation No. 01\/17\/CEMAC\/UMAC\/COBAC of September 27, 2017<\/strong>, which sets the conditions for the exercise and control of this activity in the CEMAC zone. This text applies to MFIs, their governance bodies, as well as external auditors.<\/p><h2 style=\"color: #1a2c3d; margin-top: 40px; margin-bottom: 20px; border-bottom: 2px solid #F2C230; padding-bottom: 8px;\">Procedures for Processing Licensing Applications for MFIs, Their Executives, and Statutory Auditors<\/h2><p style=\"margin-bottom: 25px; text-align: justify;\">The exercise of microfinance activity is subject to <strong style=\"color: #1a2c3d;\">obtaining approval<\/strong> issued by the <strong style=\"color: #1a2c3d;\">monetary authority<\/strong> (in Cameroon, the Ministry of Finance), after a favorable opinion from the <strong style=\"color: #1a2c3d;\">Banking Commission of Central Africa (COBAC)<\/strong>.<\/p><h3 style=\"color: #1a2c3d; margin-top: 30px; margin-bottom: 15px;\">\u25aa Submission and Transmission of Applications<\/h3><p style=\"margin-bottom: 20px; text-align: justify;\">Licensing applications are submitted to the monetary authority against acknowledgment of receipt or discharge. A <strong style=\"color: #1a2c3d;\">copy of the application<\/strong>, accompanied by the acknowledgment of receipt or discharge, is transmitted to COBAC for information.<\/p><h3 style=\"color: #1a2c3d; margin-top: 30px; margin-bottom: 15px;\">\u25aa Institutional Process<\/h3><p style=\"margin-bottom: 15px; text-align: justify;\">The processing of applications follows an <strong style=\"color: #1a2c3d;\">institutional shuttle<\/strong> (MINFI\u2013COBAC\u2013COBAC\u2013MINFI) established within regulatory deadlines, which may be suspended if necessary. An <strong style=\"color: #1a2c3d;\">MFI Approval Committee<\/strong> sits within the Ministry of Finance, under the chairmanship of the <strong style=\"color: #1a2c3d;\">Director General of the Treasury, Financial and Monetary Cooperation (DGTCFM)<\/strong>.<\/p><p style=\"margin-bottom: 10px; text-align: justify;\">Applications are reviewed by this committee, notably composed of:<\/p><ul style=\"margin-bottom: 20px; padding-left: 30px;\"><li style=\"margin-bottom: 8px;\">Representatives of the professional sector;<\/li><li style=\"margin-bottom: 8px;\">Representatives of an organization supporting MFI development;<\/li><li style=\"margin-bottom: 8px;\">Heads of the Microfinance Division;<\/li><li style=\"margin-bottom: 8px;\">Representative of the Legal Affairs Division;<\/li><li style=\"margin-bottom: 8px;\">Representative of the <strong style=\"color: #1a2c3d;\">National Economic and Financial Committee (CNEF, formerly CNC)<\/strong>.<\/li><\/ul><h3 style=\"color: #1a2c3d; margin-top: 30px; margin-bottom: 15px;\">\u25aa Analysis by <a href=\"https:\/\/www.beac.int\/supervision-bancaire\/reglements-de-cobac\/\" target=\"_blank\" rel=\"nofollow noopener\">COBAC<\/a><\/h3><p style=\"margin-bottom: 10px; text-align: justify;\">Applications deemed complete by the committee are transmitted to COBAC for a favorable opinion. COBAC&#8217;s analysis notably covers:<\/p><ul style=\"margin-bottom: 20px; padding-left: 30px;\"><li style=\"margin-bottom: 8px;\">The institution&#8217;s governance structure;<\/li><li style=\"margin-bottom: 8px;\">The professional competencies of the proposed executives;<\/li><li style=\"margin-bottom: 8px;\">The qualifications of the appointed statutory auditors, in relation to the size and nature of the institution&#8217;s activities;<\/li><li style=\"margin-bottom: 8px;\">The integrity, absence of conflicts of interest, incompatibilities, or prohibitions affecting the individuals involved.<\/li><\/ul><h3 style=\"color: #1a2c3d; margin-top: 30px; margin-bottom: 15px;\">\u25aa Approval Decision<\/h3><p style=\"margin-bottom: 10px; text-align: justify;\">Approval is granted, where applicable, by <strong style=\"color: #1a2c3d;\">Order of the monetary authority<\/strong>. A copy of the order is transmitted to:<\/p><ul style=\"margin-bottom: 30px; padding-left: 30px;\"><li style=\"margin-bottom: 8px;\">The applicant;<\/li><li style=\"margin-bottom: 8px;\">COBAC;<\/li><li style=\"margin-bottom: 8px;\">The National Directorate of BEAC;<\/li><li style=\"margin-bottom: 8px;\">The CNEF.<\/li><\/ul><h2 style=\"color: #1a2c3d; margin-top: 40px; margin-bottom: 20px; border-bottom: 2px solid #F2C230; padding-bottom: 8px;\">Required Documents for Licensing Applications<\/h2><p style=\"margin-bottom: 25px; text-align: justify;\">The approval procedure is governed by the <strong style=\"color: #1a2c3d;\">COBAC MFI Regulation R-2017\/05<\/strong>, which specifies the conditions and procedures for the approval of MFIs, their executives, and statutory auditors.<\/p><h3 style=\"color: #1a2c3d; margin-top: 30px; margin-bottom: 15px;\">\u27a4 the Licensing Application File Must Specify:<\/h3><ul style=\"margin-bottom: 20px; padding-left: 30px;\"><li style=\"margin-bottom: 12px;\"><strong style=\"color: #1a2c3d;\">The requested category:<\/strong> 1st, 2nd, or 3rd category;<\/li><li style=\"margin-bottom: 12px;\"><strong style=\"color: #1a2c3d;\">Information to be provided:<\/strong><br \/><ul style=\"margin-top: 8px; padding-left: 25px;\"><li style=\"margin-bottom: 6px;\">Regarding the institution itself;<\/li><li style=\"margin-bottom: 6px;\">Regarding cooperators or shareholders (natural or legal persons);<\/li><li style=\"margin-bottom: 6px;\">Regarding the members of the board of directors;<\/li><li style=\"margin-bottom: 6px;\">Regarding the executives;<\/li><li style=\"margin-bottom: 6px;\">Regarding the statutory auditors.<\/li><\/ul><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1938bd2 e-con-full e-flex e-con e-child\" data-id=\"1938bd2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-172d124 elementor-widget elementor-widget-ucaddon_square_icon_box\" data-id=\"172d124\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_square_icon_box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Icon Box -->\n\t\t<link id='font-awesome-css' href='https:\/\/dgtcfm.cm\/wp-content\/plugins\/unlimited-elements-for-elementor\/assets_libraries\/font-awesome6\/fontawesome-all.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='font-awesome-4-shim-css' href='https:\/\/dgtcfm.cm\/wp-content\/plugins\/unlimited-elements-for-elementor\/assets_libraries\/font-awesome6\/fontawesome-v4-shims.min.css' type='text\/css' rel='stylesheet' >\n\n<style>\/* widget: Icon Box *\/\n\n#uc_square_icon_box_elementor_172d124 * { \n\tbox-sizing: border-box; \n}\n\n#uc_square_icon_box_elementor_172d124{\n  font-family: inherit;\n  position:relative;\n}\n#uc_square_icon_box_elementor_172d124 svg{\n  width:1em;\n  height:1em;\n}\n#uc_square_icon_box_elementor_172d124 .blox-boxed-small-square-icon-box-icon{\n\tposition:relative;\n    display:flex;\n    justify-content:center;\n    align-items:center;\n    transform:rotate(0deg);\n    z-index:2;\n}\n#uc_square_icon_box_elementor_172d124 .ue-icon {\n  display:inline-block;\n}\n#uc_square_icon_box_elementor_172d124 .blox-boxed-small-square-icon-box-icon > div{\n\tposition:relative;\n    display:flex;\n    justify-content:center;\n    align-items:center;\n}\n#uc_square_icon_box_elementor_172d124 .ue-icon-inner{\n    line-height:1em;\n\t} \t\n\n\n#uc_square_icon_box_elementor_172d124 .ue-icon-inner svg{\n    height:1em;\n    width:1em;\n\t} \t\n\t\n.blox-boxed-small-square-icon-box-heading{\n\tfont-size:21px;\n\t}\n\n\n#uc_square_icon_box_elementor_172d124:hover\n{\n  position:relative;\n  z-index:1;\n}\n  #uc_square_icon_box_elementor_172d124 .ue_box_button{\n    align-items:center;\n    justify-content:center;\n    text-align:center;\n    text-decoration:none;\n  }\n\n\n#uc_square_icon_box_elementor_172d124 .ue-title-separator span\n{\n  display:inline-block;\n}\n\n\n\n\n<\/style>\n\n<div class=\"square_icon_box \" id=\"uc_square_icon_box_elementor_172d124\">\n  \n         \n         \n  \t\t             <div class=\"ue-title-separator\">\n               <span><\/span>\n             <\/div>\n          \n  \n                <div class=\"blox-boxed-small-square-icon-box-content\">\n        \t<p>Composition of Application Files for Approval to Operate Microfinance Activities as a Category 1 MFI<\/p>\n        <\/div>\n          \n  \t\t          <div>\n            <a href=\"https:\/\/dgtcfm.cm\/en\/composition-of-application-files-for-approval-to-operate-microfinance-activities-as-a-category-1-mfi\/\" class=\"ue_box_button\">\n                            Consult\n            <\/a>\n          <\/div>\n   \t            \n          \n  \t\t\n  \t\t  \n<\/div>\n<!-- end Icon Box -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64a12f2 elementor-widget elementor-widget-ucaddon_square_icon_box\" data-id=\"64a12f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_square_icon_box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Icon Box -->\n\n<style>\/* widget: Icon Box *\/\n\n#uc_square_icon_box_elementor_64a12f2 * { \n\tbox-sizing: border-box; \n}\n\n#uc_square_icon_box_elementor_64a12f2{\n  font-family: inherit;\n  position:relative;\n}\n#uc_square_icon_box_elementor_64a12f2 svg{\n  width:1em;\n  height:1em;\n}\n#uc_square_icon_box_elementor_64a12f2 .blox-boxed-small-square-icon-box-icon{\n\tposition:relative;\n    display:flex;\n    justify-content:center;\n    align-items:center;\n    transform:rotate(0deg);\n    z-index:2;\n}\n#uc_square_icon_box_elementor_64a12f2 .ue-icon {\n  display:inline-block;\n}\n#uc_square_icon_box_elementor_64a12f2 .blox-boxed-small-square-icon-box-icon > div{\n\tposition:relative;\n    display:flex;\n    justify-content:center;\n    align-items:center;\n}\n#uc_square_icon_box_elementor_64a12f2 .ue-icon-inner{\n    line-height:1em;\n\t} \t\n\n\n#uc_square_icon_box_elementor_64a12f2 .ue-icon-inner svg{\n    height:1em;\n    width:1em;\n\t} \t\n\t\n.blox-boxed-small-square-icon-box-heading{\n\tfont-size:21px;\n\t}\n\n\n#uc_square_icon_box_elementor_64a12f2:hover\n{\n  position:relative;\n  z-index:1;\n}\n  #uc_square_icon_box_elementor_64a12f2 .ue_box_button{\n    align-items:center;\n    justify-content:center;\n    text-align:center;\n    text-decoration:none;\n  }\n\n\n#uc_square_icon_box_elementor_64a12f2 .ue-title-separator span\n{\n  display:inline-block;\n}\n\n\n\n\n<\/style>\n\n<div class=\"square_icon_box \" id=\"uc_square_icon_box_elementor_64a12f2\">\n  \n         \n         \n  \t\t             <div class=\"ue-title-separator\">\n               <span><\/span>\n             <\/div>\n          \n  \n                <div class=\"blox-boxed-small-square-icon-box-content\">\n        \t<p>Composition of Approval Application Files for Carrying out Microfinance Activities as 2<sup>Nd<\/sup> and 3<sup>Rd<\/sup> Category MFIs<\/p>\n        <\/div>\n          \n  \t\t          <div>\n            <a href=\"https:\/\/dgtcfm.cm\/en\/composition-of-approval-application-files-for-carrying-out-microfinance-activities-as-2nd-and-3rd-category-mfis\/\" class=\"ue_box_button\">\n                            Consult\n            <\/a>\n          <\/div>\n   \t            \n          \n  \t\t\n  \t\t  \n<\/div>\n<!-- end Icon Box -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f75b6b3 elementor-widget elementor-widget-ucaddon_square_icon_box\" data-id=\"f75b6b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_square_icon_box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Icon Box -->\n\n<style>\/* widget: Icon Box *\/\n\n#uc_square_icon_box_elementor_f75b6b3 * { \n\tbox-sizing: border-box; \n}\n\n#uc_square_icon_box_elementor_f75b6b3{\n  font-family: inherit;\n  position:relative;\n}\n#uc_square_icon_box_elementor_f75b6b3 svg{\n  width:1em;\n  height:1em;\n}\n#uc_square_icon_box_elementor_f75b6b3 .blox-boxed-small-square-icon-box-icon{\n\tposition:relative;\n    display:flex;\n    justify-content:center;\n    align-items:center;\n    transform:rotate(0deg);\n    z-index:2;\n}\n#uc_square_icon_box_elementor_f75b6b3 .ue-icon {\n  display:inline-block;\n}\n#uc_square_icon_box_elementor_f75b6b3 .blox-boxed-small-square-icon-box-icon > div{\n\tposition:relative;\n    display:flex;\n    justify-content:center;\n    align-items:center;\n}\n#uc_square_icon_box_elementor_f75b6b3 .ue-icon-inner{\n    line-height:1em;\n\t} \t\n\n\n#uc_square_icon_box_elementor_f75b6b3 .ue-icon-inner svg{\n    height:1em;\n    width:1em;\n\t} \t\n\t\n.blox-boxed-small-square-icon-box-heading{\n\tfont-size:21px;\n\t}\n\n\n#uc_square_icon_box_elementor_f75b6b3:hover\n{\n  position:relative;\n  z-index:1;\n}\n  #uc_square_icon_box_elementor_f75b6b3 .ue_box_button{\n    align-items:center;\n    justify-content:center;\n    text-align:center;\n    text-decoration:none;\n  }\n\n\n#uc_square_icon_box_elementor_f75b6b3 .ue-title-separator span\n{\n  display:inline-block;\n}\n\n\n\n\n<\/style>\n\n<div class=\"square_icon_box \" id=\"uc_square_icon_box_elementor_f75b6b3\">\n  \n         \n         \n  \t\t             <div class=\"ue-title-separator\">\n               <span><\/span>\n             <\/div>\n          \n  \n                <div class=\"blox-boxed-small-square-icon-box-content\">\n        \t<p>Application File Requirements for Microfinance Activity Approval as a Manager and Auditor of EMF<\/p>\n        <\/div>\n          \n  \t\t          <div>\n            <a href=\"https:\/\/dgtcfm.cm\/en\/application-file-requirements-for-microfinance-activity-approval-as-a-manager-and-auditor-of-emf\/\" class=\"ue_box_button\">\n                            Consult\n            <\/a>\n          <\/div>\n   \t            \n          \n  \t\t\n  \t\t  \n<\/div>\n<!-- end Icon Box -->\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<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ef5eb63 animated-slow e-flex e-con-boxed elementor-invisible e-con e-parent\" data-id=\"ef5eb63\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;animation&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-1b229f2 e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"1b229f2\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeIn&quot;,&quot;shape_divider_top&quot;:&quot;wave-brush&quot;}\">\n\t\t\t\t<div class=\"elementor-shape elementor-shape-top\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 283.5 27.8\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M283.5,9.7c0,0-7.3,4.3-14,4.6c-6.8,0.3-12.6,0-20.9-1.5c-11.3-2-33.1-10.1-44.7-5.7\ts-12.1,4.6-18,7.4c-6.6,3.2-20,9.6-36.6,9.3C131.6,23.5,99.5,7.2,86.3,8c-1.4,0.1-6.6,0.8-10.5,2c-3.8,1.2-9.4,3.8-17,4.7\tc-3.2,0.4-8.3,1.1-14.2,0.9c-1.5-0.1-6.3-0.4-12-1.6c-5.7-1.2-11-3.1-15.8-3.7C6.5,9.2,0,10.8,0,10.8V0h283.5V9.7z M260.8,11.3\tc-0.7-1-2-0.4-4.3-0.4c-2.3,0-6.1-1.2-5.8-1.1c0.3,0.1,3.1,1.5,6,1.9C259.7,12.2,261.4,12.3,260.8,11.3z M242.4,8.6\tc0,0-2.4-0.2-5.6-0.9c-3.2-0.8-10.3-2.8-15.1-3.5c-8.2-1.1-15.8,0-15.1,0.1c0.8,0.1,9.6-0.6,17.6,1.1c3.3,0.7,9.3,2.2,12.4,2.7\tC239.9,8.7,242.4,8.6,242.4,8.6z M185.2,8.5c1.7-0.7-13.3,4.7-18.5,6.1c-2.1,0.6-6.2,1.6-10,2c-3.9,0.4-8.9,0.4-8.8,0.5\tc0,0.2,5.8,0.8,11.2,0c5.4-0.8,5.2-1.1,7.6-1.6C170.5,14.7,183.5,9.2,185.2,8.5z M199.1,6.9c0.2,0-0.8-0.4-4.8,1.1\tc-4,1.5-6.7,3.5-6.9,3.7c-0.2,0.1,3.5-1.8,6.6-3C197,7.5,199,6.9,199.1,6.9z M283,6c-0.1,0.1-1.9,1.1-4.8,2.5s-6.9,2.8-6.7,2.7\tc0.2,0,3.5-0.6,7.4-2.5C282.8,6.8,283.1,5.9,283,6z M31.3,11.6c0.1-0.2-1.9-0.2-4.5-1.2s-5.4-1.6-7.8-2C15,7.6,7.3,8.5,7.7,8.6\tC8,8.7,15.9,8.3,20.2,9.3c2.2,0.5,2.4,0.5,5.7,1.6S31.2,11.9,31.3,11.6z M73,9.2c0.4-0.1,3.5-1.6,8.4-2.6c4.9-1.1,8.9-0.5,8.9-0.8\tc0-0.3-1-0.9-6.2-0.3S72.6,9.3,73,9.2z M71.6,6.7C71.8,6.8,75,5.4,77.3,5c2.3-0.3,1.9-0.5,1.9-0.6c0-0.1-1.1-0.2-2.7,0.2\tC74.8,5.1,71.4,6.6,71.6,6.7z M93.6,4.4c0.1,0.2,3.5,0.8,5.6,1.8c2.1,1,1.8,0.6,1.9,0.5c0.1-0.1-0.8-0.8-2.4-1.3\tC97.1,4.8,93.5,4.2,93.6,4.4z M65.4,11.1c-0.1,0.3,0.3,0.5,1.9-0.2s2.6-1.3,2.2-1.2s-0.9,0.4-2.5,0.8C65.3,10.9,65.5,10.8,65.4,11.1\tz M34.5,12.4c-0.2,0,2.1,0.8,3.3,0.9c1.2,0.1,2,0.1,2-0.2c0-0.3-0.1-0.5-1.6-0.4C36.6,12.8,34.7,12.4,34.5,12.4z M152.2,21.1\tc-0.1,0.1-2.4-0.3-7.5-0.3c-5,0-13.6-2.4-17.2-3.5c-3.6-1.1,10,3.9,16.5,4.1C150.5,21.6,152.3,21,152.2,21.1z\"\/>\n\t<path class=\"elementor-shape-fill\" d=\"M269.6,18c-0.1-0.1-4.6,0.3-7.2,0c-7.3-0.7-17-3.2-16.6-2.9c0.4,0.3,13.7,3.1,17,3.3\tC267.7,18.8,269.7,18,269.6,18z\"\/>\n\t<path class=\"elementor-shape-fill\" d=\"M227.4,9.8c-0.2-0.1-4.5-1-9.5-1.2c-5-0.2-12.7,0.6-12.3,0.5c0.3-0.1,5.9-1.8,13.3-1.2\tS227.6,9.9,227.4,9.8z\"\/>\n\t<path class=\"elementor-shape-fill\" d=\"M204.5,13.4c-0.1-0.1,2-1,3.2-1.1c1.2-0.1,2,0,2,0.3c0,0.3-0.1,0.5-1.6,0.4\tC206.4,12.9,204.6,13.5,204.5,13.4z\"\/>\n\t<path class=\"elementor-shape-fill\" d=\"M201,10.6c0-0.1-4.4,1.2-6.3,2.2c-1.9,0.9-6.2,3.1-6.1,3.1c0.1,0.1,4.2-1.6,6.3-2.6\tS201,10.7,201,10.6z\"\/>\n\t<path class=\"elementor-shape-fill\" d=\"M154.5,26.7c-0.1-0.1-4.6,0.3-7.2,0c-7.3-0.7-17-3.2-16.6-2.9c0.4,0.3,13.7,3.1,17,3.3\tC152.6,27.5,154.6,26.8,154.5,26.7z\"\/>\n\t<path class=\"elementor-shape-fill\" d=\"M41.9,19.3c0,0,1.2-0.3,2.9-0.1c1.7,0.2,5.8,0.9,8.2,0.7c4.2-0.4,7.4-2.7,7-2.6\tc-0.4,0-4.3,2.2-8.6,1.9c-1.8-0.1-5.1-0.5-6.7-0.4S41.9,19.3,41.9,19.3z\"\/>\n\t<path class=\"elementor-shape-fill\" d=\"M75.5,12.6c0.2,0.1,2-0.8,4.3-1.1c2.3-0.2,2.1-0.3,2.1-0.5c0-0.1-1.8-0.4-3.4,0\tC76.9,11.5,75.3,12.5,75.5,12.6z\"\/>\n\t<path class=\"elementor-shape-fill\" d=\"M15.6,13.2c0-0.1,4.3,0,6.7,0.5c2.4,0.5,5,1.9,5,2c0,0.1-2.7-0.8-5.1-1.4\tC19.9,13.7,15.7,13.3,15.6,13.2z\"\/>\n<\/svg>\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-68815b3 e-flex e-con-boxed e-con e-child\" data-id=\"68815b3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5531264 elementor-widget elementor-widget-heading\" data-id=\"5531264\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><strong>Questions About Authorisation Requirements ?<\/strong> <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7658fa9 elementor-widget elementor-widget-text-editor\" data-id=\"7658fa9\" 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<p>Need clarification on authorisation procedures required documents? Our team is available to answer all your questions about financial institution licensing.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1b838c7 e-con-full e-flex e-con e-child\" data-id=\"1b838c7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-12dfeaf elementor-align-center elementor-widget__width-initial elementor-widget elementor-widget-button\" data-id=\"12dfeaf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/dgtcfm.cm\/en\/contact-us\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-phone-alt\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M497.39 361.8l-112-48a24 24 0 0 0-28 6.9l-49.6 60.6A370.66 370.66 0 0 1 130.6 204.11l60.6-49.6a23.94 23.94 0 0 0 6.9-28l-48-112A24.16 24.16 0 0 0 122.6.61l-104 24A24 24 0 0 0 0 48c0 256.5 207.9 464 464 464a24 24 0 0 0 23.4-18.6l24-104a24.29 24.29 0 0 0-14.01-27.6z\"><\/path><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact Us<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\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\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>Microfinance in Cameroon: Regulatory Framework and Licensing Procedures Microfinance plays a central role in financial inclusion in Cameroon. It allows populations often excluded from the traditional banking system to access credit, savings, and financial assistance services tailored to their needs. The sector is governed by rigorous regulations to ensure stability, transparency, and the protection of [&hellip;]<\/p>\n","protected":false},"author":1,"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-7607","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7607","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/comments?post=7607"}],"version-history":[{"count":8,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7607\/revisions"}],"predecessor-version":[{"id":10463,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7607\/revisions\/10463"}],"wp:attachment":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/media?parent=7607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}