MICROCAPITAL BRIEF: ADB Loans $40m to CD Finance of the People’s Republic of China for Microfinance, Mainly for Rural Women

The Chinese microfinance institution CD Finance recently secured a loan of USD 40 million from the Asian Development Bank (ADB) to finance microloans intended to improve the quality of life of farmers, microentrepreneurs and women in rural areas of the People’s Republic of China (PRC). Sixty percent of the total is allocated to