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Project overview

FIN’Elle, (La Finance pour ELLE) is a microfinance institution specialised in financing female entrepreneurs and MSMEs in Ivory Coast to ensure financial services are available, accessible and affordable for all.

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Funding objective

ElectriFI invested EUR 1.5 m in a subordinated loan with technical assistance to catalyse a green portfolio at FIN’Elle level and concretely support the implementation of the company green strategy.

Investment rationale

ElectriFI wants to support FIN’Elle in its efforts to develop a green strategy to reach and finance MSME clients active in recycling, renewable energy and energy efficiency.

Key Indicators

Financial Instrument

subordinated debt

Amount

EUR 1.5 million

Year

November 2021