Advans Côte d'Ivoire

Subsidy : July 2019

Advans Côte d’Ivoire is a controlled subsidiary of Advans Holding. Its mission is to respond to the need of MSMEs and other populations with limited or no access to formal financial services through the provision of tailored products in a sustainable and responsible manner.

Amount

€ 122,950.00

Type of investment

Subsidy

Beneficiary locations

Sub-Saharan Africa: Côte d'Ivoire

Investment field

Financial Institutions

Activity

Microfinance Institution

Organisation

Advans Côte d'Ivoire

Domicile

Côte d'Ivoire

More investments in

Advans Côte d'Ivoire

  • Debt € 2,000,000.00 (2021)
  • Subsidy € 54,229.44 (2021)
  • Debt € 3,000,000.00 (2017)

The Technical Assistance aims to reinforce the operational and credit risk management framework at Advans CI.

The objectives are

  1. enhancing the credit processes and designing training for commercial staff;
  2. reinforcing the risk department capacity to monitor operational and credit risk;
  3. reinforcing internal audit of the credit process.

Read impact and news about this project

Seeing customers and employees grow

Impact Story

Seeing customers and employees grow

20-01-2021

BIO has granted a € 3 M loan to Advans Côte d’Ivoire and technical assistance of € 123 K.

Mariam Djibo is the managing director of Advans CI. This is her story.

Read more

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