Posts Tagged ‘microfinance growth fund’

By Asma Azmi, Microfinance Focus, March 22, 2010: A new lending facility for microfinance institutions in Latin America and the Caribbean, the Microfinance Growth Fund (MIGRoF) was launched by the Inter-American Development Bank’s Multilateral Investment Fund (FOMIN), the Inter-American Investment Corporation (IIC), the Corporación Andina de Fomento (CAF) and private investor on March 21st in Mexico. The new facility is expected to provide up to $250 million ... Full story

Microfinance Focus, November 22, 2009: The Board of Directors of the Overseas Private Investment Corporation (OPIC) approved $125 million for a microfinance growth fund that will provide much-need capital to microfinance institutions (MFIs) in Latin America and the Caribbean, said a statement. President Obama announced establishment of the fund at the Summit of the Americas in April, as a response to the impact of the ... Full story