ACCION Microfinance China to Receive $1M Investment from IFC
ACCION International, a global microfinance organization, is to receive a $1m investment from IFC to strengthen the operations of its Chinese affiliate ACCION Microfinance China (AMC). The investment of Chinese RMB 7m represents an 18.9% equity interest in AMC. IFC previously signed a cooperation agreement with ACCION to provide up to $1m to finance a […]