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CHF Finance Group sells 19.9% stake to IFC, aims to raise $100M in 5 years
Microfinance Monitor, April 21, 2010: CHF International, the Silver Spring-MD based international development organization, has launched a private holding company, CHF Finance Group, for its global microfinance subsidiaries. The move…
IFC to invest $15 million in second Aavishkaar Goodwell Microfinance Fund
Microfinance Monitor, April 10, 2010: IFC, the World Bank’s private investment arm, proposes to invest $15 million or about 20% in Aavishkaar Goodwell India Microfinance Development Company II (Aavishkaar Goodwell…
IFC to provide $3 million to Utkarsh Microfinance
Microfinance Monitor, March 30, 2010: The World Bank’s private investment arm IFC will provide a $300,000 investment to Varanasi-based Utkarsh Micro Finance Pvt Ltd. to help small borrowers in Uttar…
Advans Bank Congo raises capital to $13M
Microfinance Monitor, Feb 26, 2010: Advans Banque Congo has announced that it has recently completed a capital increase to bring its total capital to $13 million, in line with the…
IFC proposes to pick up 20% stake in Dewan Housing subsidiary
Microfinance Monitor, Feb 23, 2010: IFC proposes to acquire 20% of stake in a low-housing finance company being set up as a subsidiary of Dewan Housing Finance Corporation Ltd (DHFL)…
Feature: How corporate governance appeals to investors?
Feb 12, 2010: At a time when some Ukrainian businesses are scaling back, Asnova Holding—a closely-held company based in Kiev and supported by an initial $8 million IFC investment—is earning…
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Only American town with majority Indians
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