MICROCAPITAL BRIEF: Alliance Finance Raises $15m in Debt from FMO, Enabling Microfinance Fund (EMF) to Support Lending to MSMEs in Sri Lanka

Alliance Finance, which is based in Sri Lanka, recently received a loan package of USD 15 million from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Dutch public-private partnership, and the Liechtenstein-domiciled Enabling Microfinance Fund (EMF). FMO financed two thirds of the package, and EMF provided the remaining USD 5 million. The funding is earmarked for