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Financing women's projects: Orange Bank grants 500 million FCFA to the Sophia Foundation

03/01/2024
Source : ORISHAS FINANCE
Categories: Companies

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On the occasion of the International Women's Leadership Forum (FILF), which took place from 15 to 16 December 2023 at the Sofitel Abidjan Hotel Ivoire, Orange Bank and the Sephis Foundation signed a memorandum of understanding in order to strengthen women's access to digital credit and at preferred conditions. rential.

Several women's projects will be executed in the new year. To do this, Sephis raised an amount of 500 million FCFA from Orange Bank for its financing. According to Sefora Kodjo, President of the Board of Directors of Sephis, “the advantage of this agreement is based on the accessibility and speed of financing for intermediate amounts of between 1 and 20 million CFA francs, and especially on the alleviation of access conditions.” According to him, this partnership provides for the training of beneficiaries in the use of the digital credit service.

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