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

07 Jan 2013 - {{hitsCtrl.values.hits}}      

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.