LOCFUND | IDB Invest Supports Microfinance Institutions Through Local Currency Debt Fund
IDB Invest, a member of the Inter-American Development Bank (IDB) Group, will support Locfund II’s expansion through a loan of up to $10 million. The transaction will allow Locfund II to increase the number of local currency loans to microfinance institutions, benefiting a larger number of their clients, including women-led and rural, micro- and small-sized enterprises.
