Finnfund and University of Helsinki to invest together into microfinancing in Africa and Asia
Finnfund, a Finnish development financier and impact investor, announce today a EUR 10 million debt facility commitment to the Advans Group , one of the leading international microfinance group serving over one million clients in nine countries: Cambodia, Cameroon, Ghana, Democratic Republic of Congo, Cote d’Ivoire, Pakistan, Nigeria, Tunisia, and Myanmar. University of Helsinki participates in this investment with Finnfund. Through this funding, Finnfund and University of Helsinki aim to generate funding for micro and small businesses and promote