Project detail - LA FINANCE POUR ELLE S.A. (FIN'ELLE

LA FINANCE POUR ELLE S.A. (FIN'ELLE

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Who is our client

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.

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 we fund this project

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.

Environmental and social rationale

N/A

Region
Africa
Country
Côte d'Ivoire
Sector
Financial Institutions
Signing date
8/26/2021
Total FMO financing
EUR 0.12 MLN
Fund
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