translate English to French: A loan transfer is nevertheless usually performed by fragmenting the original loan into smaller units, which is sold by the creditor MFI, together with the benefits/risks, to third parties.
Si l’opération ne comprend pas la transformation du crédit en titres, c’est-à-dire si l’instrument vendu aux investisseurs reste non négociable, on estime alors qu’une cession de crédit a lieu.