EBRD Invests $1 Million in Azeri MFI CredAgro

The European Bank for Reconstruction and Development (EBRD) recently announced that will be loaning $1 million to the Azeri MFI, CredAgro. $250,000 of the loan will be financed by Taiwan International Cooperation and Development Fund (TaiwanICDF), a government run technical cooperation agency. The investment is part of the EBRD’s Non-bank Microfinance Institutions Framework for Early Transition Countries project.
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