$250 Million for Micro-financing Institutions

©image: quaziefoto

The agreement was signed by Multilateral Investment Fund (Fomin), part of Inter-american Development Bank (IDB), Inter-American Investment Corporation (CII), Andean Development Corporation (CAF), Overseas Private Investment Corporation (OPIC) and Blue Orchard Finance.

As reported by Elfinancierocr.com, "Microf, the Micro-Company Growth Facility, aims to reignite credits at micro-financing institutions".

Source: elfinancierocr.com

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$100 million of loans have been granted, paving the way for larger passenger capacity at Juan Santamaria Airport.

A press release from the Inter-American Development Bank reads:

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