MICROCAPITAL BRIEF: Vancity Loans $740k to Brighter Investment for Education Microfinance in Ghana

Vancouver City Savings Credit Union (Vancity) of Canada is lending CAD 1 million (USD 740,000) to Brighter Investment, a Canadian lender to university students in Ghana. Of the total, half of the funds were disbursed to Brighter Investment in April, and the remainder is scheduled to be distributed in September. Brighter Investment is using the cash to expand its funding of students,