by Renata Samadova -

MICROCAPITAL BRIEF: Grameen Crédit Agricole Foundation Loans $1.9m to ACF for Microfinance in Kazakhstan

Asian Credit Fund (ACF), a rural microfinance institution (MFI) in Kazakhstan, recently borrowed approximately USD 2 million from the Luxembourg-based Grameen Crédit Agricole (GCA) Foundation. Founded in 1997 by the US-based NGO Mercy Corps, ACF provides

by Sophie Fiala -

MICROCAPITAL BRIEF: Grameen Crédit Agricole Foundation Loaning $2.6m in Local Currency to Humo of Tajikistan, ACF of Kazakhstan for On-Lending, Mainly to Rural Customers

The Grameen Crédit Agricole (GCA) Foundation, whose head office is in Luxembourg, recently announced it has begun disbursing two loans in local currency to microfinance institutions (MFIs) in Central Asia. In Tajikistan, GCA Foundation is disbursing a loan worth approximately