FINCA Haiti secures 100 million gourde revolving loan facility from Banque Nationale de Crédit. First local source of funding bolsters microfinance institution’s ability to serve low-income entrepreneurs
FINCA Impact Finance (FIF), a network of 20 microfinance institutions and banks, announced today that it has secured a $15 million loan facility with a five-year tenor from Calvert Impact Capital.
FINCA Impact Finance’s (FIF) microfinance subsidiary in Malawi, announced that it has secured a $1.5 million USD loan facility with a four-year tenor from the Belgian Investment Company for Developing Countries (BIO).
FINCA Impact Finance has entered into a USD 20 million loan facility with the BlueOrchard Microfinance Fund (BOMF) and Microfinance Enhancement Facility S.A., SICAV-SIF (MEF). The facility will help FIF better manage liquidity throughout its global network of 20 microfinance banks and institutions.
Deetken Impact will provide a USD 1 million loan to FINCA Haiti SA for on-lending to individual, micro, small- and medium-sized businesses. The funds will support FINCA Haiti SA to grow its network of branches and digital financial services, including gender-sensitive financial products.
FINCA Malawi and KfW signed a USD 3.4 million debt facility. FINCA Malawi will use the facility to digitize and broaden its financial products and services.