Posts Tagged ‘Dominican Republic’

Microfinance Focus, July 13, 2010: International Finance Corporation (IFC) a member of World Bank has signed an agreement with Banco de Ahorro y Crédito ADOPEM, one of the most important and recognized microfinance institutions in the country to implement an advisory services project for the institutional strengthening of the bank to enhance the financial services provided to low-income clients in the Dominican Republic. This project will ... Full story

Microfinance Focus, Jan. 21, 2010: The Rural Impulse Fund has recently invested $500,000 in a senior loan to Fundacion Dominicana de Desarrollo (FDD), a microfinance foundation in the Dominican Republic. The investment has been provided in local currency through the use of MFX to support the FDD's growth strategy, Incofin said in a recent statement. FDD, established in 1966, is one of oldest MFIs in Latin America ... Full story