Advans Cote d'Ivoire SAStatus: Approved investment
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Who is our customer
Advans Côte d'Ivoire is a microfinance institution which provides responsible access to affordable and appropriate credit and savings products and other related financial services to small businesses and low-income populations.
What is our funding objective?
This project will enable Advans Cote d’Ivoire to accelerate the deployment of its digital transformation journey through the creation of a Local Project Management Office (PMO) and tailor its change management strategy to support the implementation of the harmonised digital infrastructure needed to remain a leading and agile microfinance group in the country.
Why do we fund this investment?
It is expected that technology will support Advans CI to improve its operations, making it more efficient and effective in addressing the needs of the poorest as well as the most vulnerable and marginalised groups, including women and people with disabilities. Additionally, digital tools aim at empowering underrepresented groups to take part in meaningful financial inclusion, ultimately promoting gender equality.
What is the Environmental and Social categorization rationale?
- Website customer/investment
- Côte d'Ivoire
- Financial Institutions
- Publication date
- Effective date
- Total FMO financing
- EUR 0.14 MLN
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)