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EMGA secures US$ 50M debt finance for Kazakhstan's MFO KMF
LONDON, April 09, 2024 (GLOBE NEWSWIRE) -- Emerging Markets Global Advisory LLP (EMGA) announces they have secured a US$50M facility senior debt facility from JICA, The Japan International Cooperation Agency.
KMF Chairman of the Board Shalkar Zhusupov: "This is the first time that KMF has entered into a partnership with JICA, whose goals and mission are close to our own. We are grateful to EMGA and JICA for their trust and support. The funds from JICA will be used to implement projects to support micro and small enterprises, including rural entrepreneurs, which will create new opportunities and contribute to their economic growth."
EMGA's Head of Investment Banking and Managing Director Sajeev Chakkalakal said, "We are delighted to have arranged this new ...