Project detail - AGORA MICROFINANCE ZAMBIA LIMITED

AGORA MICROFINANCE ZAMBIA LIMITED

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Who is our client

Agora Microfinance Zambia Limited is an MFI established in 2011 that provides financial services to a predominantly rural clientele through small loans to individual entrepreneurs as well as village groups.

Funding objective

The funding objective is to perform a Client Protection Principles assessment and outline an action plan for AMZ to achieve Bronze CPP certification in the coming years.

Why we fund this project

FMO funds this project as it aligns with the reducing inequalities goal and supports AMZ to ensuring sustainable micro-finance development that serves the best interests of clients.

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Date Total FMO financing
6/28/2022 USD 5.00 MLN
1/31/2019 USD 2.50 MLN
Region
Africa
Country
Zambia
Sector
Financial Institutions
Signing date
12/9/2021
Total FMO financing
EUR 0.01 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