Home Advans Group Advans Group In brief The Advans Group is a leading international microfinance group, serving about 800,000 clients with a staff of close to 7,500 employees in nine countries. Advans has established its operations as greenfields apart from Cambodia. The company targets developing markets where clients need more access to financial services and where there is high potential for growth and social value creation. Main development impact The Tier II funding strengthens Access Bank's capacity to expand on-lending activity to MSME businesses and support the sector in need of funding. Access Bank has a well-fitting strategy and can execute it to serve the MSME segment in Nigeria, where the young population needs jobs and sustainability. Investment details Name: Advans Group Project number: 80000003 Region: International Country: International Sector: Financial institution Signing date (month/year): December 2019 Currency: EUR Finnfund's financing (commitment): 10,000,000 Instrument: Loan Size of the project financing: EUR 25,000,000 Share of Finnfund's financing (%): 40 % Status: Active Website: www.advansgroup.com Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year. Other investments Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument Advans Group International September 2023 EUR 8,000,000 Loan December Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: Advans Group Sector: Financial institution Region: International Country: International Currency: EUR Finnfund's financing (commitment): 10,000,000 Signing date (month/year): December 2019 Last update: March 2020