FMO proposes $5.3m equity investment in Indonesia's Esta Dana Ventura

FMO proposes $5.3m equity investment in Indonesia's Esta Dana Ventura

US Dollar notes photo by Pixabay

Dutch development bank FMO is set to invest $5.3 million into Esta Dana Ventura (EDV), a microfinance institution in Indonesia. The investment will be made through the acquisition of common shares, aiming to fuel the expansion of EDV’s loan book, according to a recent disclosure.

Edited by: Pramod Mathew