LA FAYETTE MICROFINANCE BANK

As a microfinance bank, La Fayette Microfinance Bank Ltd (Advans Nigeria) offers simple loan and deposit services targeting micro, small and medium enterprises (MSMEs) in Oyo State, Nigeria. This funding consists of a EUR 0.7 mln equity investment in Advans Nigeria for the development of MSME finance in Oyo state. Advans SA Sicar, the holding Advans Nigeria belongs to, will start and operate this institution according to its high standards.