Germany's DEG commits $11.5m loan to China’s Zuoli Kechuang Microfinance

Germany's DEG commits $11.5m loan to China’s Zuoli Kechuang Microfinance

Photographer: SeongJoon Cho /Bloomberg

DEG, the investment arm of German state-owned development bank KFW, has committed to providing a 10.38-million euro ($11.5 million) loan to Chinese microfinance company Zuoli Kechuang Microfinance, according to a disclosure.