MicroCapital reported on the International Finance Corporation (IFC) and Citigroup’s joint investment in Uganda Microfinance Limited at the end of March. In addition to contributing to the growing trend of cooperation between microfinance institutions and commercial banks, the IFC funded two additional deals during the first quarter of 2006 totaling nearly US$17 million.
Continue reading “International Finance Corporation Continues Support of Microfinance with US$17 Million in New Investments in Fundación WWB Colombia and Morocco’s FONDEP Micro-Crédit”
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