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The proposed project involves a local currency loan for IFC’s own account of up to NGN400 million (~US$2.43 million) to support the expansion of the lending activities of Accion Microfinance Bank Limited (AMfB or the Company) to micro and small enterprises in Nigeria. The Company was established as a Central Bank of Nigeria (CBN) regulated microfinance bank in 2007 and has 23 branches in Lagos.
Status
Active
Start Date
2015
Donor
Funding Instrument
Country
Region
Thematic
Unique ID
345
Amount in USD (in million)
2.11