CFSL Annual Report 2024

SME Performance Highlights Continued efforts to help SMEs improve their foundational competencies through Noubiznes, offering one-stop-shop approach. Through quarterly meet-ups and bi-monthly workshops, we provide insights on relevant topics and address the specific challenges faced by entrepreneurs: employment of foreign workers, national budget measures and implications, tax filing, compliance, marketing strategies and people management. • Launched the Cim Booster Programme in collaboration with the Mauritius Research and Innovation Council (MRIC) to encourage innovation among SMEs and foster the development of new business ideas. • Strengthened our investment in Fundkiss, a peer-to-peer lending platform, enabling increased funding for SME projects across diverse sectors. • Access to valuable resources via the Noubiznes website, offering expert articles, videos and business templates designed to support and guide SMEs through their entrepreneurial journey. 2025 Priorities • Launch a new financial product aimed at supporting micro-enterprises and selfemployed individuals, addressing their specific needs for flexible and short term financing. • Expand the scope of the Cim Booster Programme to include more collaborative projects with MRIC and other partners, providing SMEs with access to innovationfocused resources and mentorship. • Strengthen the Fundkiss partnership to facilitate increased funding for SMEs in underserved sectors. • Deepen engagement with SMEs by fostering a stronger feedback loop. Product Portfolio • Working capital facilities (short-term to meet immediate cash flow needs) • Term loans (long-term financial for capital expenditures) • Leasing • Factoring • POS machines • Credit cards INCREASE IN BOOK 98% 51 Introduction Group Overview Leadership Strategy & Performance Risk Management Corporate Governance Statutory Disclosures Financial

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