11M€
Wallet
10 621
Number of beneficiaries
5,9 %
Women beneficiaries
56 %
Rural beneficiaries
Ivory Coast
Financial services
Funding granted
Loan of €571,000*
(local currency equivalent)
Foundation Partner
since 2015
*Outstanding at grant value
Context :
The Ivory Coast's economy is among the developing economies. Employing approximately 661,000 tons of the workforce and contributing 701,000 tons to export earnings, agriculture asserts its primacy in the Ivory Coast's economic activity.
The institution:
PAMF-CI is a Tier 3 microfinance institution established in 2008 by the Aga Khan Microfinance Agency. Its mission is to reduce poverty, decrease the vulnerability of poor populations, and mitigate economic and social exclusion.
Impact :
PAMF-CI has a strong rural focus and the institution provides loans primarily aimed at improving agricultural productivity, acquiring livestock and, by diversifying its portfolio, assists in the establishment of small businesses in rural and urban areas.