Posts Tagged ‘Microcred Microfinance Bank Nigeria’

Microfinance Focus, Oct 26, 2010: International Finance Corporation (IFC), the financial arm of World Bank may invest nearly $3 million in the expansion of a new microfinance bank MicroCred Nigeria Microfinance Bank Limited in Kaduna State of Nigeria. IFC is considering investing $1.0 million equivalent in equity, $2.0 million equivalent in debt, and provide $700,000 in technical assistance. The total cash out of the project is ... Full story