News
30 May 2019

IFC pumps $222m into Chola to help finance small borrowers

Region:
Asia-Pacific

The International Finance Corporation has anchored an investment round of $222 million into Chennai-based Cholamandalam Investment and Finance Company (Chola) to help expand access to finance for micro and small borrowers.Of the total amount, $92 million is from IFC’s own account and the rest...

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