Confederation of West African Financial Institutions (CIF)

The Confederation of West African Financial Institutions (CIF) is a regional grouping of financial cooperatives, founded on the solidarity of six (06) major savings and credit umbrella organizations spread across five (05) countries in the WAEMU region.

The CIF cooperative network is committed to the professionalization and development of its member networks, with the aim of improving financial and social performance, the accessibility of financial services, and the protection of its members’ assets.

To consolidate and improve financial and social performance indicators, the CIF is committed to supporting its member networks and addressing the sector’s key challenges by improving:

  • the accessibility and availability of mass financial products and services, combined with specialized financial services
  • financial performance, through operational profitability and required capitalization
  • productivity through process improvements
  • monitoring, supervision, and financial transparency
  • of the adaptation of entities to the evolution of the microfinance industry.