MicroCapital: Incofin Lends $6m to Microfinance Institutions Vision Banco of Paraguay, Lazika Capital of Georgia, Credit Mongol of Mongolia, Forus Bank of Russia

Belgian company Incofin Investment Management (Incofin IM) has disbursed loans through microfinance investment funds it manages to four microfinance institutions (MFIs): USD 3 million to Vision Banco of Paraguay, USD 1 million to Lazika Capital of Georgia, USD 1 million to Credit Mongol LLC of Mongolia and USD 1 million to Forus Bank of Russia [1, 2, 3, 4]. The loans to Vision Banco and Forus Bank were disbursed through VDK MFI Loan Portfolio, while the loan to Lazika Capital was made available through the Impulse Fund [1, 2, 4]. The loan to Credit Mongol was disbursed in two tranches: USD 500,000 from Incofin CVSO and USD 500,000 from Impulse. To read the full article, click hereIncofin Lends $6m to Microfinance Institutions Vision Banco of Paraguay, Lazika Capital of Georgia, Credit Mongol of Mongolia, Forus Bank of Russia

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