ABSTRACT

New $100 Million Microfinance Growth Fund for the Western Hemisphere [April 18, 2009]   [open pdf - 68KB]

"Today [April 18, 2009] the President announced a new partnership of the Multilateral Investment Fund (MIF) at the Inter-American Development Bank (IDB), the U.S. Overseas Private Investment Corporation (OPIC), and the Inter-American Investment Corporation (IIC) for the purpose of launching a new Microfinance Growth Fund for the Western Hemisphere. The fund will provide stable medium and longer-term sources of finance to microfinance institutions and microfinance investment vehicles to help rebuild their capacity to lend during this difficult period and to increase the supply of finance for micro and small businesses as recovery takes hold."

Publisher:
Date:
2009-04-18
Copyright:
Public Domain
Retrieved From:
White House: http://www.whitehouse.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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