Microfinance Focus 8 June, 2009 – One of the world’s largest microfinance investment funds, the European Fund for Southeast Europe (EFSE), and the largest commercial bank in Moldova, BC Moldova Agroindbank S.A. (MAIB or the Bank), Chisinau, announced today that EFSE has extended a EUR 15 million loan to MAIB. The financing will be used for on-lending to local micro and small enterprises (MSEs), thus ... Read More

Microfinance Focus, 16th June, 2009 – The Luxembourg Fund Labeling Agency a.s.b.l. (LuxFLAG) has renewed its Microfinance Label for the microfinance investment fund European Fund for Southeast Europe (EFSE). This is for the third consecutive year that the Fund has received the Label. In 2007, EFSE received the LuxFLAG label (the Label) for the fist time and was subsequently one of the first three Microfinance ... Read More

Microfinance Focus, Aug. 20, 2009: FMO recently started disbursing a US$ 20 million loan to Argentinean company Grupo Supervielle S.A. at a tenor of 7 years, in order to strengthen the capital base of its main subsidiary Banco Supervielle. The FMO loan has a 7 year tenor, a five year grace period, and includes instruments that will ensure both lender and borrower will profit from ... Read More