The European Bank for Reconstruction and Development (EBRD) recently announced that will be loaning $1 million to the Azeri MFI, CredAgro. $250,000 of the loan will be financed by Taiwan International Cooperation and Development Fund (TaiwanICDF), a government run technical cooperation agency. The investment is part of the EBRD’s Non-bank Microfinance Institutions Framework for Early Transition Countries project.
Continue reading “EBRD Invests $1 Million in Azeri MFI CredAgro”
Similar Posts:
- MICROCAPITAL BRIEF: Reefy Microfinance Borrows $6.5m from EBRD for Youth-led MSMEs in Egypt
- MICROCAPITAL BRIEF: EBRD Loaning $5m to ING Finansal Kiralama for Leasing for Energy Efficiency, Renewables in Turkiye
- MICROCAPITAL BRIEF: Uzpromstroybank (UzPSB) Borrowing $15m from EBRD for SMEs in Uzbekistan
- MICROCAPITAL BRIEF: EBRD Purchases 5% Equity Stake in ProCredit from IFC, Increasing Exposure to SMEs in Europe, Ecuador
- MICROCAPITAL BRIEF: EBRD Loans $4.4m to KEP Trust of Kosovo with Focus on Rural, Women-led MSMEs