The Luxembourg-based Grameen Credit Agricole Microfinance Foundation (GCAMF), which provides financial services to “social businesses,” recently informed MicroCapital that it has provided a three-year local-currency loan equivalent in value to EUR 2.1 million (USD 2.9 million) to Mitra Bisnis Keluarga Ventura (MBK), a microfinance institution (MFI) located in Indonesia.
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MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Loans $200k to Mec Fadec of Senegal, $680k to TIAVO of Madagascar
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based organization founded by French Bank Credit Agricole and Bangladeshi NGO Grameen Trust, recently informed MicroCapital that it has disbursed the second half of a loan in local currency equal to EUR 152,000 (USD 207,000) to Mec Fadec, a Senegalese microfinance institution (MFI), and a loan of EUR 500,000 (USD 681,000) to Tahiry Ifamonjena Amin’ny Vola (TIAVO), a Madagascar-based MFI.
MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Loans $2m to Cambodian Angkor Mikroheranhvatho Kampuchea; Invests $546k in Equity in Palestinian Arab Center for Agricultural Development
The Luxembourg-based Grameen Credit Agricole Microfinance Foundation (GCAMF), which provides financial services to “social businesses,” recently informed MicroCapital that it has provided a three-year loan of EUR 1.5 million (USD 2.05 million) to Angkor Mikroheranhvatho Kampuchea Company Limited (AMK), a microfinance institution located in Cambodia.
MICROCAPITAL BRIEF: Grameen Credit Agricole Lends $1m to Première Agence de Microfinance au Burkina Faso, $239k to Biotropical of Cameroon
Grameen Credit Agricole, a Luxembourg-based organization that provides financing to microfinance institutions (MFIs), recently informed MicroCapital that it has granted a 3-year loan of EUR 770,000 (USD 1.05 million) to the Première Agence de Microfinance au Burkina Faso (PAMF-BF), an MFI in Burkina Faso, and a loan of EUR 175,000 (USD 239,000) to Biotropical, a Cameroon-based fruit company that works with small farmers.
MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Lends $4m to Arvand of Tajikistan, Bina Artha Ventura of Indonesia, Thaneakea Phum of Cambodia
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based investor in microfinance institutions (MFIs), recently announced the disbursement of the first tranche of a 54-month loan of EUR 1.04 million (USD 1.43 million) to Arvand, a financial institution that provides microcredit to low-income individuals in Tajikistan.
MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Lends $220k to PAIDEK of the Democratic Republic of Congo, $210k to COOPEC SIFA of Togo
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based investor in microfinance institutions (MFIs), recently announced the disbursement of the first tranche of a 30-month, USD 220,000 loan to Programme D’Appui aux Initiatives de Developpement Economique du Kivu (PAIDEK), a microfinance institution (MFI) that lends to microenterprises in the region of Kivu, Democratic Republic of Congo.
MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Disburses $157k of $315k in Loans to Association Inter Instituts Ensemble et Avec (ASIENA) in Burkina Faso
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based investor in microfinance institutions (MFIs) and other social businesses, recently notified MicroCapital that it has disbursed the first half of a three-year loan of EUR 229,000 (USD 315,000) to Association Inter Instituts Ensemble et Avec (ASIENA), an association of religious congregations that provides entrepreneurship support, mutual health insurance and other forms of microfinance services to its members [1].
MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Disburses $515k of $872k in Loans to Mec Fadec of Senegal, Réseau National des Caisses Villageoises d’Épargne et de Crédit Autogérées (RENACA) of Benin
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based investor in microfinance institutions (MFIs) and other social businesses, recently notified MicroCapital that it has disbursed the first half of a 30-month loan of EUR 152,000 (USD 207,000) to Mec Fadec, a Senegalese microfinance institution (MFI) [1].
MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Loans $1.3m to Azerbaijani Viator, $1.6m to Kosovar Kreditimi Rural i Kosoves
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based investor in microfinance institutions (MFIs) and other social businesses, recently informed MicroCapital that it has made a loan of EUR 792,000 (USD 1,068,000) to Viator, an Azerbaijani MFI.
MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Distributes $675k Loan to Cambodian MFI Chamroeun,Takes 20% Stake and Gives Funding to Senegalese Senegalaise des Filieres Alimentaires SA (SFA)
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based financial service provider for microfinance institutions (MFIs) and social business projects, recently reported to MicroCapital that it has distributed the second tranche of a three-year loan of EUR 500,000 (USD 675,000) to Chamroeun, a Cambodian MFI that offers savings, loans and microinsurance [1].
MICROCAPITAL BRIEF: Arab Centre for Agricultural Development, European Investment Bank, Grameen Credit Agricole Microfinance Foundation, Solidarite Internationale Pour Le Development et L’investment, Triple Jump Sign $5.3m Agreement to Support Microfinance in Palestine
The Arab Centre for Agricultural Development (ACAD), an NGO microfinance institution (MFI) in Palestine; the European Investment Bank (EIB), a Luxembourg-based long-term lender for the European Union; Grameen Crédit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based NGO that provides financing and technical assistance to MFIs; Solidarité Internationale pour le Développement et l’Investissement (SIDI), a France-based NGO that provides financial and technical support to MFIs; and Triple Jump, a Netherlands-based microfinance fund manager, have signed an agreement to support microfinance in Palestine through funding and training [1].
MICROCAPITAL BRIEF: Grameen Crédit Agricole Microfinance Foundation Loans $800k to Soro Yiriwaso of Mali, Viator of Azerbaijan
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based nonprofit that provides financial services to microfinance institutions, recently notified MicroCapital that it has disbursed a one-year loan of USD 396,000 to Mali-based microfinance institution (MFI) Soro Yiriwaso, its third loan to Soro Yiriwaso to date.
MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Disburses Tranches of $1.8m in Loans to African Microfinance Institutions GRAINE of Burkina Faso, CAURIE of Senegal
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based nonprofit that provides financial services to microfinance institutions (MFI), recently notified MicroCapital that it disbursed the second of three tranches of a loan totaling XOF 244 million (USD 487,600) to the MFI Groupe d’Accompagnement à l’Investissement et à l’Epargne (GRAINE), which serves 40,000 women in Burkina Faso, primarily in remote areas.
MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Loans $370k to Microfinance Institution Chamroeun of Cambodia
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based nonprofit that provides financial services to microfinance institutions, recently notified MicroCapital that it approved a three-year, local-currency loan equivalent to approximately USD 370,000 to Chamroeun, a Cambodian microfinance institution.
MICROCAPITAL BRIEF: Agence Francaise de Developpement (AFD) to Guarantee Grameen Credit Agricole Microfinance Foundation (GCAMF) Loans, Largely in Sub-Saharan Africa
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based nonprofit that provides financial services to microfinance institutions, recently signed a risk and technical assistance agreement with the Agence Francaise de Developpement (AFD), a bi-lateral development finance institution of the French government, to further GCAMF’s microfinance efforts, particularly in Sub-Saharan Africa.
MICROCAPITAL BRIEF: Grameen Credit Agricole Microfinance Foundation (GCAMF) Loans $1.3m to Microfinance Institution Mitra Bisnis Keluarga (MBK) Ventura of Indonesia
The Grameen Credit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based organization that provides financial services to microfinance institutions (MFIs) and social businesses, recently reported to MicroCapital that it has disbursed a local-currency loan equivalent to USD 1.3 million to Mitra Bisnis Keluarga (MBK) Ventura, an Indonesian MFI that provides capital to low-income women on the island of Java. The terms of the loan have not been released.
MICROCAPITAL BRIEF: Grameen Crédit Agricole Microfinance Foundation (GCAMF) to Loan $599k to Oxus Tajikistan
The Grameen Crédit Agricole Microfinance Foundation (GCAMF), an organization that offers financing products to microfinance institutions (MFIs) and social business projects in Africa and Eurasia, recently informed MicroCapital that it has approved a three-year, local-currency loan equivalent to USD 599,000 to the MFI Oxus Tajikistan.
MICROCAPITAL BRIEF: Grameen Crédit Agricole Microfinance Foundation (GCAMF) Loans $666k to FinDev of Azerbaijan, $320k to Phoenix+ of Tajikistan
Grameen Crédit Agricole Microfinance Foundation (GCAMF), an organization that offers financial services to microfinance institutions (MFIs) and social business projects in Africa and Eurasia, recently approved a three-year loan to Azerbaijani MFI FinDev in local currency equivalent to USD 666,000.