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.