HANOI -- Dutch development bank FMO has proposed a $7.5 million investment in BRAC Myanmar Microfinance Company Limited (BRAC), a Myanmar-based for-profit institution, according to its disclosure.
$7.5m from FMO to focus on impact investments in areas hit hard by COVID-19
FMO says BRAC will use the investment to provide more micro- and small loans to underserved women. © Reuters
HANOI -- Dutch development bank FMO has proposed a $7.5 million investment in BRAC Myanmar Microfinance Company Limited (BRAC), a Myanmar-based for-profit institution, according to its disclosure.