Corollary 4
Tag 05RD, permanent. Cite it as [Bourbaki, Tag 05RD].
Algebra, chapter II, § 6. Inverse and direct limits of modules
Let be a right *-module, a left *-module, a family of elements of , a family of elements of , such that in . Then there exists a finitely generated submodule (resp. ) of (resp. ) containing the (resp. the ) and such that in .
(resp. ) is canonically identified with the direct limit of the right directed family of its finitely generated submodules containing the (resp. the ) and it suffices to apply Set Theory, III, § 7, no. 5, Lemma 1.
Bourbaki puts the proof directly after the statement, so what is above is the statement and its proof together.