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In June 2012, Advans Nigeria was officially established as La Fayette Microfinance Bank Limited primarily to provide financial services to Micro, Small, and Medium Enterprises (MSMEs) in Nigeria.
In January 2013, Advans Nigeria opened its first branch office in Ibadan. The second branch commenced operations in May 2013, with an additional three branches in 2014. In 2016, two more branches were opened outside of Ibadan. Advans Nigeria obtained a national operating license in 2019, and it currently has over 30 branches/outlets in 7 States in Nigeria. Advans Nigeria plans to further expand into other parts of Nigeria in the near future.
To build a model group of financial institutions which contribute to strengthening local businesses, creating and sustaining jobs and improving clients’ living standards in order to foster private sector–led economic and social development in Nigeria.
Respond to the need for financial services of small businesses and other populations who have ill adapted, limited or no access to formal financial services through providing tailored financial services in a sustainable and responsible manner.
“For over 10 years, we have dedicated ourselves to providing accessible financial solutions to individuals and businesses in Nigeria.”
Gaetan Debuchy
Managing Director/CEO