Oikocredit invests in Fin’Elle to support women entrepreneurs in Côte d'Ivoire
Oikocredit’s loan to Fin’Elle will help provide microfinance and mesofinance loans to 10,000 households in Côte d'Ivoire.
Oikocredit has provided a loan of € 2.3 million to Fin'Elle, a member of the Cofina Group. Fin'Elle is a microfinance institution (MFI) focused on empowering women entrepreneurs by providing microfinance and mesofinance loans to women-owned small to medium enterprises (SMEs) in Côte d’Ivoire.
In addition to the loan, Oikocredit plans on further supporting Fin’Elle with technical assistance to help them improve women's financial literacy and increase financial inclusion in Côte d'Ivoire.
Cedrick Montetcho, Regional Investment Officer at Oikocredit, stated: "We are proud to be the first international lender in financing Fin'Elle. We are looking forward to providing Fin’Elle with capacity building support and technical assistance to help them achieve a higher social impact amongst women entrepreneurs."
Archive > 2021 > June
- 28/06/2021 28/06/2021, 10:24 - Oikocredit is ready for the future [interview]
- 24/06/2021 24/06/2021, 10:36 - Oikocredit invests in Fin’Elle to support women entrepreneurs in Côte d'Ivoire
- 24/06/2021 24/06/2021, 10:31 - Oikocredit invests € 2.3 million in Fin’Elle to support women entrepreneurs in Côte d'Ivoire
- 23/06/2021 23/06/2021, 10:07 - Looking for our new Managing Director
- 16/06/2021 16/06/2021, 16:37 - Specialty coffee making an impact
- 14/06/2021 14/06/2021, 10:53 - Oikocredit holds 45th annual general meeting
- 10/06/2021 10/06/2021, 10:19 - Oikocredit invests in Grace and Mercy to expand lending to women in rural communities across Nigeria
- 10/06/2021 10/06/2021, 10:08 - Oikocredit invests USD 2.5 million in Grace and Mercy to expand lending to women in rural communities across Nigeria
- 03/06/2021 03/06/2021, 12:57 - Oikocredit invests in FCMB Limited to support low-income communities in Nigeria
- 03/06/2021 03/06/2021, 12:55 - Oikocredit invests USD 10 million in FCMB Limited to support Nigerian SMEs and agricultural enterprises
- 02/06/2021 02/06/2021, 15:01 - Stichting Oikocredit International Share Foundation ceases its offering in the UK and the Republic of Ireland