LA FINANCE POUR ELLE S.A. (FIN'ELLE
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Fin'Elle, La Finance pour Elle, is a young microfinance institution founded in 2007 and based in Côte d'Ivoire, whose mission is to create added value for women entrepreneurship and participate sustainably in their financial and social emancipation.
What is our funding objective?
The project will support Fin’Elle in the creation of an ecosystem favourable to the emergence of female entrepreneurship in agricultural value chains and to be the reference FI for women entrepreneurs in Côte d'Ivoire.
Why do we fund this investment?
FMO supports this project as it offers the development of sustainable alternatives for inclusive finance and gender-smart solutions for women entrepreneurs. It is expected the project will contribute to the identification of good practices in the sector that could be shared with the rest of the Cofina Group and FMO clients with similar ambitions.
What is the Environmental and Social categorization rationale?
N/A
- Region
- Africa
- Country
- Côte d'Ivoire
- Sector
- Financial Institutions
- Effective date
- 8/26/2021
- Total FMO financing
- EUR 0.12 MLN
- Funding
- MASSIF
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - C