MICROCAPITAL STORY: Permodalan Nasional Madani of Indonesia Issues USD 33 Million Worth of Bonds to Finance Microfinance Operations

PT Permodalan Nasional Madani (PNM), a state-owned enterprise in Indonesia that helps finance micro-finance institutions (MFIs), announces plans to issue bonds worth Rp 300 billion (USD 33 million) by the end of 2007. The proceeds will be lent to MFIs to allow them to provide loans for micro, small and medium enterprises (MSMEs) throughout the country.

Continue reading “MICROCAPITAL STORY: Permodalan Nasional Madani of Indonesia Issues USD 33 Million Worth of Bonds to Finance Microfinance Operations”

Similar Posts:

• MICROCAPITAL BRIEF: MSMEs in Amazon to Access $900m Loan Pool from IDB, BNDES of Brazil
• MICROCAPITAL BRIEF: Arab Women Authority, National Bonds Partner on Financial Inclusion for Women in MENA
• SPECIAL REPORT: Leveraging Carbon Credits to Insure MSMEs in Climate-vulnerable Nations #SAM2023
• MICROCAPITAL BRIEF: First Consult, Mastercard Foundation, Seek to Create 400k Jobs in Ethiopia via Access to Finance, Wraparound Support for MSMEs, Entrepreneurs
• MICROCAPITAL BRIEF: G20, SME Finance Forum Showcase Digital Finance Solutions for MSMEs Via Online Database, Seek Submissions