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Originally published by Capital Businessbusiness
September 29, 2025
3h ago
Microfinance innovations power growth of women-led businesses in Africa
NAIROBI, Kenya, Sept 29 - Women entrepreneurs across Africa are increasingly benefiting from tailored microfinance solutions designed to break Kenya breaking news | Kenya news today |..
✨ Key Highlights
Advans, a financial institution, is empowering women-led businesses across Africa through innovative microfinance programs in Tunisia, Ghana, and Côte d’Ivoire, demonstrating significant positive impacts on income, education, and job creation.
- In Tunisia, the El Beya loan, introduced in 2024, allows women to borrow up to €3,000 with reduced fees, leading to 82 percent of clients increasing their income.
- The AdvansHer programme in Ghana combines financing with coaching, helping over 100 women-led SMEs, including fashion entrepreneur Vicentia Ananepia, to expand their businesses and create jobs.
- Across Côte d’Ivoire, Advans supports rural women, particularly in cocoa-growing regions, through village savings and loan associations, now serving over 240,000 women continent-wide, with women accounting for 35 percent of all depositors.
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