The CGAP/MIX Microfinance Capital Markets Update (MCM) reported that the Afghani operation of Bangladesh Rural Advancement Committee (BRAC), a microfinance institution (MFI), has recently received an influx of capital through the sale of USD 2 million in equity. ShoreCap International and the Triodos-Doen each invested USD 1 million in the institution.
Similar Posts:
- MICROCAPITAL BRIEF: Agritech SuperZop Nets $2.7m in Equity from Incofin India Progress Fund to Connect More Farmers, Retailers
- MICROCAPITAL BRIEF: Joliba Capital Raises $58m in Equity from FMO, IFC, Proparco to Support SMEs, Mid-caps in Central, West Africa
- MICROCAPITAL BRIEF: Incofin Places $4.3m in Equity in Varashakti Housing Finance via India Progress Fund
- MICROCAPITAL BRIEF: BIM Borrows $20m from IDB Invest for Locfund Next to Support Lenders to MSMEs in Latin America, Caribbean
- MICROCAPITAL BRIEF: Soleco, Deetken, IDB Deliver “Women in Solar” Training in Jamaica