Women entrepreneurs in the Philippines are seen to benefit from new loans set to issue by a World Bank Group member-institutions to two of the country’s largest microfinance institutions.
In a statement on Tuesday, the International Finance Corp. (IFC) announced its plan to issue up to P750 million in debt financing to CARD Bank Inc. and CARD SME Bank Inc. which are part of the Center for Agriculture and Rural Development–Mutually Reinforcing Institutions Group (CARD MRI).
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