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01 Jul 2015 description
report Cordaid

Cordaid will invest 900.000 euro in microfinance programs for farmers in Myanmar. Contracts on this investment were signed this week. This creates access for farmers to small loans to buy seeds for the coming rice planting season. The demand for foreign money in Myanmar is high, but foreign investors are reluctant. Cordaid is one of the very first impact investors stepping into the microfinance market of Myanmar, which has only recently opened up to foreign investors.