MICROCAPITAL BRIEF: IFU, Incofin Invest $4.2m in Equity in Ningxia Dongfang Huimin Microfinance of China to Boost Financial Inclusion for Rural Women

Belgium-based Incofin Investment Management and the government-owned Investment Fund for Developing Countries, which is known by its Danish acronym IFU, recently invested USD 2.1 million each in Ningxia Dongfang Huimin Microfinance Corporation Limited to further Huimin’s provision of financial services to female farmers in China’s Ningxia province. Incofin placed the investment through its agRIF fund