Advans CI TA

completed

The project will assist ACI, a greenfield microfinance institution, in its start-up phase by providing advisory services, which will cover approximately 25 percent of the total cost of the broader assistance package aimed at supporting the creation and expansion of ACI. The microfinance institution will be sponsored by Advans SICAR, a microfinance holding company and IFC investee, and its technical partner, Horus Development Finance. Specifically, the project will assist ACI, through a performance-based grant, in establishing the internal management systems and training staff to provide roll-out cash flow-based individual loans to micro, small and medium enterprises and low-cost deposit services to the mass market.