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Asialink Finance Corporation (AFC) partners with IFC for $130-million MSME lending boost
Jan 22, 2025•over 1 year ago
Contract Type
partnership
PhilippinesFinancial ServicesFinanceLendingDescription
The International Finance Corporation (IFC) has invested $130 million in Asialink Finance Corporation (AFC) to expand lending for women-owned or women-led micro, small, and medium enterprises (MSMEs) in the Philippines. At least 60% of the funds will be allocated to support women-owned or women-led businesses.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months