Tag Archives: microfinance

The Grameen Crédit Agricole Foundation loans USD 2 million to FINCA Microfinance Company Jordan for on-lending to MSMEs

Credit facility will help drive financial inclusion by expanding access to working capital loans Montrouge, France, 13-Apr-2018 — /EuropaWire/ — The Grameen Crédit Agricole Foundation will provide a USD 2 million loan to FINCA Microfinance Company Jordan (FINCA Jordan), a FINCA … Read the full press release

EBRD loans €5 million to microfinance provider MKF Partner in Bosnia and Herzegovina

Loan to microfinance provider MKF Partner will be invested in residential sector EBRD loan of up to €5 million to MKF Partner, a microfinance institution Energy efficiency loans to residents and vendors of green technology Increasing availability of finance to … Read the full press release

Dutch development bank FMO loans USD 10 million to microfinance organisation VisionFund International (VFI)

THE HAGUE, 13-Mar-2018 — /EuropaWire/ — FMO, the Dutch development bank, has provided a five-year loan of USD 10 million to VisionFund International (VFI), a global microfinance organisation. This transaction will benefit the end clients of VFI’s microfinance institutions (MFIs) … Read the full press release

Cornell University, INSEAD and WIPO released the Global Innovation Index 2013 as Switzerland ranks #1

Geneva, 25-7-2013 — /EuropaWire/ — The United States rejoined the five most-innovative nations and the United Kingdom moved up to the third spot while Switzerland retained its place atop the rankings in the Global Innovation Index 2013, published by Cornell University, … Read the full press release

EBRD lends €1.5M to microfinance institution Kreditimi Rural i Kosoves LLC (KRK) in Kosovo

12-7-2013 — /europawire.eu/ — The European Bank for Reconstruction and Development (EBRD) is providing a €1.5 million loan to Kreditimi Rural i Kosoves LLC (KRK) – the third largest non-bank microfinance institution in Kosovo by total assets – for on-lending to … Read the full press release

Johanna Hietalahti of University of Helsinki: Microcredits should not be marketed as a panacea for development

The importance of microcredits in reducing poverty among women in developing countries has been exaggerated Helsinki, 20-5-2013 — /europawire.eu/ — “Microcredits should not be marketed as a panacea for development. They are connected to other livelihood strategies targeting women, plus they cannot … Read the full press release