by Nithin Naren -

MICROCAPITAL BRIEF: FMO Issuing Senior, Secured Loan of $10m in Local Currency to NeoGrowth for Microfinance Lending in India

The Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden (FMO) recently signed a senior, secured facility equivalent to USD 10 million in local currency to India’s NeoGrowth to expand its lending to microenterprises. Founded in 2013, NeoGrowth provides loans to micro-, small, and medium-sized enterprises (MSMEs) based on

by Teo Lin-Bianco -

MICROCAPITAL BRIEF: FMO Loans $10m to Bank Respublika to Support Women, Youth, Entrepreneurs Struggling with COVID-19 Pandemic in Azerbaijan

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Dutch public-private partnership, recently loaned the equivalent of USD 10 million in local currency as a senior term loan to Bank Respublika, a commercial institution in Azerbaijan. The funds are intended to reduce