by Elva Montelongo -

MICROCAPITAL BRIEF: Kashf Foundation of Pakistan Borrows in Local Currency from SEB Microfinance Funds, Arranged by Symbiotics

Kashf Foundation, a provider of microloans and microinsurance to women in Pakistan, recently secured a local-currency loan of undisclosed size from SEB Microfinance Funds, an offering of

by Jessica McLeod -

MICROCAPITAL BRIEF: Symbiotics Raises $7.8m for Pan Asia Bank of Sri Lanka in Sale of “Green Bonds” to Investors Including SEB

Symbiotics, a Switzerland-based manager of international investments in small business, recently issued a four-year loan of LKR 1.42 billion (USD 7.75 million) to Sri Lanka’s Pan Asia Banking Corporation for on-lending to projects with reduced effects on the environment in sectors such as energy and agriculture. Symbiotics raised the money through an issue of “green” bonds. Of the bond buyers,