responsAbility Global Microfinance Fund Makes Loans Totaling over USD 2.2 mn to Microfinance Institutinos in the Philippines, Peru, Nicaragua and Moldova

This story comes to us courtesy of the CGAP-MIX newsletter. In the wake of several other microfinance investments this month, responsAbility Global Microfinance Fund continues its streak with four additional loans ranging from USD 200,000 to USD 1 mn, totaling USD 2.2 mn. The first of the loans is a USD 200,000 investment going to the Cooperative Rural Bank of Bulacan of the Philippines. The Cooperative Rural Bank of the Bulacan does not report to MIX market, the microfinance information clearinghouse, nor does it make its financial data available to the public.

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