MFI Credit Firm to Push Deeper into Cambodia

Date: 
09 Mar 2017
Source: 
Syminvest

Micro-Credit Ratings International Ltd (M-CRIL), an Indian provider of rating and advisory services to the microfinance industry, has secured a USD 1.5 million equity investment agreement from the Asian Development Bank (ADB) to push into emerging markets including Cambodia, the ADB said in an announcement last Friday. 

The investment will be used to strengthen existing M-CRIL operations in India and Myanmar, while securing a foothold in Cambodia, Indonesia, Nepal and China.

Read Full Announcement
Type: 
General
Country: 
Cambodia