Dutch Triodos-Doen and Triodos Fair Share Fund Loan USD2 Million to Microfinance Bank of Azerbaijan

The CGAP-MIX MCM Newsletter reported recently that the Microfinance Bank of Azerbaijan (MFBA) recently received a USD2 million loan from the Triodos-Doen Foundation and the Triodos Fair Share Fund. This was the second loan to the microfinance bank by Triodos-Doen, after its loan of USD1.5 million in August 2005, (page 17) which carried an interest rate of LIBOR +5%. There is no other available information on the terms of the latest loan.

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