AGORA MICROFINANCE ZAMBIA LIMITED
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Agora Microfinance Zambia Limited is an MFI established in 2011 that provides financial services to a predominantly rural clientele through small loans to individual entrepreneurs as well as village groups.
What is our funding objective?
The funding objective is to perform a Client Protection Principles assessment and outline an action plan for AMZ to achieve Bronze CPP certification in the coming years.
Why do we fund this investment?
FMO funds this project as it aligns with the reducing inequalities goal and supports AMZ to ensuring sustainable micro-finance development that serves the best interests of clients.
More investments
| Date | Total FMO financing |
|---|---|
| 6/2/2023 | USD 0.01 MLN |
| 6/28/2022 | USD 5.00 MLN |
| 1/19/2023 | USD 2.50 MLN |
- Region
- Africa
- Country
- Zambia
- Sector
- Financial Institutions
- Effective date
- 12/9/2021
- Total FMO financing
- EUR 0.01 MLN
- Funding
- MASSIF
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - C