Simple Credit Loan
Sector: Raw Materials • Location: China
Source: International Finance Corporation (IFC)
The proposed investment entails a 3-year financing package, including IFC A loan of up to RMB350 million (US$50 million equivalent) and syndication of up to US$30 million or equivalent, to Simple Credit Micro-Lending Co., Ltd. (“Simple Credit”, or the “Company”), a microfinance company holding internet lending license (“Internet MCC”) in China. The proposed IFC financing aims to support Simple Cre
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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 a 3-year financing package, including IFC A loan of up to RMB350 million (US$50 million equivalent) and syndication of up to US$30 million or equivalent, to Simple Credit Micro-Lending Co., Ltd. (“Simple Credit”, or the “Company”), a microfinance company holding internet lending license (“Internet MCC”) in China. The proposed IFC financing aims to support Simple Credit to grow its digital agriculture lending (“Digital Agri-lending”) business primarily in frontier regions of China and to promote access to finance for micro, small and medium enterprises (“MSMEs”) along the agriculture supply chain. |
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 |