News

ABC Fund Provides $3M to Microfinance Lending Initiatives in Colombia

Source: Crowdfund Insider

The Agri-Business Capital Fund (ABC Fund) recently revealed that it has finalized $3 million loan to Colombia-headquartered Finamiga, which mainly focuses on lending to small farmers as well as independent workers.

As mentioned in the update, the lending brings the Fund’s total number of investments to 23 firms globally, as it continues its goal to address poverty-related issues, enhance the everyday lives and livelihoods of smallholder farmers while increasing opportunities for women and younger individuals.