IFC, a member of the World Bank Group, today announced a loan facility of 400 million Nigerian naira, approximately $2.5 million, to Lafayette Microfinance Bank. The financing will support increased access to financial services for micro, small and medium enterprises, encouraging job creation, financial inclusion and economic growth. La Fayette Microfinance Bank Ltd, also known as Advans Nigeria, is part of the Advans Network of Microfinance institutions. The Naira loan will help finance the growth and expansion of Lafayette Microfinance in Nigeria, and help them offer credit and deposit services to more micro, small and medium enterprises in Nigeria.