COVID CD Finance Loan
Sector: Bridge • Location: China
Source: International Finance Corporation (IFC)
The proposed investment entails an up to two-year financing package of up to US$60 million equivalent in local currency to CD Finance Management Co., Ltd (“CD Finance”, or the Company, and formerly known as CFPA Microfinance Management Co., Ltd.), a long-standing partner of IFC for more than a decade and the largest rural focused micro credit company (MCC) in China. The debt funding targets to pro
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment entails an up to two-year financing package of up to US$60 million equivalent in local currency to CD Finance Management Co., Ltd (“CD Finance”, or the Company, and formerly known as CFPA Microfinance Management Co., Ltd.), a long-standing partner of IFC for more than a decade and the largest rural focused micro credit company (MCC) in China. The debt funding targets to provide working capital to the Company to help it stay resilient and to support its lending to micro and small enterprises (“MSEs”) in rural areas of China that are adversely impacted by the COVID-19 pandemic. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |