Global perspective Human stories

Leasing set to boost business in South Sudan

Leasing set to boost business in South Sudan

Download

Running a small or medium sized business in South Sudan is set to become more straightforward following support from the International Finance Corporation, the private sector arm of the World Bank.

Working with the Bank of South Sudan, the IFC is promoting the introduction of leasing in the African country.

Leasing enables companies which do not have access to large loans to rent and then ultimately buy equipment needed to run a business.

Gabriel Shaddar asked the IFC’s Johnathan Gigin how the organization is planning to introduce leasing into South Sudan.

Duration: 2’31”

Photo Credit
Market in South Sudan. UNDP@PHOTO