Advans SA, SICAR

Strengthening the Advans Group, an international network of financial institutions

France

Advans SA, SICAR was created in 2005 to provide access to tailored financial services for micro, small and medium-sized Enterprises (MSMEs) and other populations who have ill-adapted, limited or no access to formal financial services in developing, emerging and frontier countries.

Advans’ vision is to build a model group of financial institutions which contribute to strengthening local businesses, creating and sustaining jobs and improving clients’ living standards in order to foster private sector-led economic and social development in Africa, the Middle East and Asia.

There are currently nine Advans affiliates in Africa and Asia. Most end-clients are MSMEs, including many female entrepreneurs, with several affiliates now looking to expand into rural areas. Over the years, Oikocredit has financed several Advans affiliates in, for example, Cameroon, Ghana, Tanzania and Cambodia.

The Advans group is fast becoming a leading microfinance network, especially in Africa, with an efficient and developed structure and constantly improving financial performance.

Advans SA, SICAR has been an Oikocredit partner since 2016.