MICROCAPITAL BRIEF: Oikocredit Lends $5.6m to Union des Caisses de Credit Mutuel du Sénégal (CMS) to Promote Rural Financial Inclusion

Union des Caisses de Credit Mutuel du Sénégal (CMS), a microfinance institution (MFI) in Senegal, recently borrowed EUR 5 million (USD 5.6 million) from Oikocredit, a cooperative based in the Netherlands. With this funding, CMS aims to