The Grameen Crédit Agricole (GCA) Foundation, whose head office is in Luxembourg,
has recently announced it has provided a loan of EUR 1.2 million (USD 1.2 million) to Microinvest, a Moldova-based microfinance institution. Established in 2003 and majority-held by the Balkan Financial Sector Equity Fund, Microinvest offers
Tag: Grameen Credit Agricole Foundation
MICROCAPITAL BRIEF: Grameen Crédit Agricole Foundation Loans $1m to VisionFund Senegal for Microfinance Lending
The Luxembourg-based Grameen Crédit Agricole (GCA) Foundation recently announced a local-currency loan worth the equivalent of EUR 1 million (USD 1 million) to VisionFund Senegal, which is controlled by the US-based, Christian nonprofit World Vision International. VisionFund Senegal provides