Global Microfinance Consortium Invests in TSKI of the Philippines and PRASAC of Cambodia

The MCM newsletter recently announced two microfinance investments involving the microfinance investment fund Global Commercial Microfinance Consortium (GCMC). The first deal was a disbursement of a USD 2.25 million to Pilipino microfinance institution (MFI) Taytay Sa Kauswagan, Inc. (TSKI). The loan came from Deutsche Bank Philippines and was based on a guarantee from GCMC. The second investment was a USD 1 million loan directly from GCMC paid to PRASAC, an MFI in Cambodia.

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