FINCA Impact Finance Secures $15 Million Revolving Loan Facility From Calvert Impact Capital

FINCA Impact Finance (FIF), a network of 20 microfinance institutions and banks, announced today that it has secured a $15 million loan facility with a five-year tenor from Calvert Impact Capital. This facility provides FIF with an ideal mix of credit-line efficiency and long-term, stable liquidity for on-lending to FIF subsidiaries to support micro-entrepreneurs and small businesses across the world. A portion of the funds can be used for working capital or long-term investments, such as advancing its network-wide digital transformation.