by Michelle Fleming -

MICROCAPITAL BRIEF: FMO Buys $30m in Bonds from Satin Creditcare, Supporting Microfinance Institution’s Expansion in Rural India

Indian microfinance institution (MFI) Satin Creditcare Network recently raised USD 30 million through a bond sale to Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a development bank controlled by the Dutch government,