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LOLC’s micro-finance arm secures US $ 55.5mn loan

By CHATURANGA PRADEEP SAMARAWICKRAMA

7 January 2013 04:48 am - 0     - {{hitsCtrl.values.hits}}

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LOLC Micro Credit, a unit of LOLC group has secured a syndicated loan worth of US $ 55.5 million from a consortium of Development Financial Institutions (DFIs) from around the world, the company said in a statement.


LOMC, the micro-finance arm of LOLC group is the only leasing company that is exclusively dedicated for micro credit in the country.
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