Amidst a rising tide of investment in emerging markets, The International Finance Corporation has agreed to provide a US$2.2 million financing package to Micro Credit Agency Bai Tushum Financial Foundation (BTFF). The investment is being made in the form of a US$1.2 million loan with an option for the IFC to convert a portion of the loan into a US$1 million dollar equity stake in the MFI.
Continue reading “Microcredit Lender Converts on New Debt Investment”
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