IFC to roll out $100m microfinance debt fund
International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, will set up a $100 million debt fund to meet the funding needs of microfinance institutions in emerging economies.
The fund, named Micro Finance Initiative for Asia (MIFA), will be funded by IFC, KfW and the German Federal Ministry for Economic Cooperation and Development, according to VCCircle. The final decision...
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