Home Advans Group Advans Group In brief The Advans Group is a leading international microfinance group, currently serving about 1.3 million clients with a staff of about 8,000 employees in nine countries. Advans has established its operations as greenfields apart from Cambodia. The company targets developing markets where clients lack adequate access to financial services and where there is high potential for growth and social value creation. Main development impact Advans serves clients lacking access to financial services and increasingly focuses on financing small businesses in rural areas and agriculture value chains. The company targets small businesses with growth opportunities, helping them create and sustain jobs and improve profitability. Investment promotes the formal economy by supporting the graduation of its small-business clients to the formal sector. In addition, the company contributes to the local knowledge base creation by recruiting relatively inexperienced recent graduates and training them in-house. The project is also classified as a gender project fulfilling the 2X campaign criteria. Investment details Name: Advans Group Project number: 80000003 Region: International Country: International Sector: Financial institution Signing date (month/year): September 2023 Currency: EUR Finnfund's financing (commitment): 8,000,000 Instrument: Loan Size of the project financing: EUR 8,000,000 Share of Finnfund's financing (%): 100 % 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 December 2019 EUR 10,000,000 Loan September 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): 8,000,000 Signing date (month/year): September 2023 Last update: November 2023