The Asian Development Bank (ADB), with financing from the Japan Fund for Poverty Reduction (JFPR), will grant $900,000 to the Government of the Philippines towards a four-year “microfinance-strengthening project”. The Government and participating cooperatives will contribute the remaining balance for the $1.12 million project, which will be executed by the National Credit Council, an inter-agency body chaired by the Philippine’s Department of Finance.
Continue reading “Asian Development Bank Backed by Japanese Government Grants $900,000 to the Filipino Government, Following On $150 Million in Public Microfinance Investment”
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