Fusion Micro Finance gets $25 million loan from US International DFC

Daily Current Affairs / Fusion Micro Finance gets $25 million loan from US International DFC

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Category : Business and economics Published on: May 21 2024

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Fusion Micro Finance has entered into a loan agreement with the United States International Development Finance Corporation (DFC) for an overall facility of $25 million.
The microfinancier has received an initial disbursement of $20 million as external commercial borrowing (ECB), which will be used for the expansion of business operations with the aim of advancing financial inclusion and economic access among rural women entrepreneurs.

Fusion Micro Finance gets $25 million loan from US International DFC