Advans Banque Congo
Sector: Commercial • Location: Congo, Democratic Republic of
Source: International Finance Corporation (IFC)
_x000C_The project consists of a senior loan, an equity investment and a technical assistance funding for the establishment and expansion of Advans Banque Congo. Advans Banque Congo (or the Bank) will be a greenfield microfinance bank sponsored by Advans S.A. SICAR (Advans), an investment company, and Horus Development Finance, an associated French consulting firm with recognized expertise in mic
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | _x000C_The project consists of a senior loan, an equity investment and a technical assistance funding for the establishment and expansion of Advans Banque Congo. Advans Banque Congo (or the Bank) will be a greenfield microfinance bank sponsored by Advans S.A. SICAR (Advans), an investment company, and Horus Development Finance, an associated French consulting firm with recognized expertise in microfinance. The Bank will specialize in providing a broad range of financial services to urban and semi-urban micro and small enterprises as well as low income groups and individuals in the Democratic Republic of Congo. It is expected that after five years the Bank will have nine branches and a loan portfolio of $27 million, comprising 20,000 customers. The purpose of the project is to expand crucial financial services to a sector that rarely has access to services offered by formal financial institutions. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
