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Washington, DC based network of 20 micro finance institutions and banks received a $15m loan facility with a 5y tenor led by Calvert Impact Capital.
“We appreciate the continued confidence and support of our many lenders, like Calvert Impact Capital, who recognize the strength of the FIF network and our track record of social and financial performance,” said Roman Hingorani, Chief Financial Officer at FIF. “With this facility, FIF will maintain significant funding capacity, putting us in a strong position during a challenging time. Calvert Impact Capital has supported the FIF network, through direct lending to FINCA affiliates or indirectly through their partnerships with other microfinance investment vehicles, for many years and we look forward to many more.”
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