In a joint press release, The Citigroup Foundation announces a two-year USD 570,000 grant to the Foundation for Development Cooperation (FDC) and the Banking with the Poor Network (BWTP). The grant will be used to expand the reach of microfinance services across ten Asian countries including India, Indonesia, the Philippines, Sri Lanka and Vietnam. The money will be used to promote public-private partnerships and industry best practices to stimulate the development of more internationally recognized and financially sustainable microfinance institutions (MFIs) in Asia.
Continue reading “The Citigroup Foundation Makes a USD 570,000 grant to the Foundation for Development Cooperation and the Banking with the Poor Network Spread over 2 Years”
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