More microloans to be available
World Bank Group member IFC announced a RD$450 million (approximately US$10 million) loan for the ADOPEM S.A. Savings and Credit Bank on Monday 16 November 2015 to boost lending to entrepreneurs. IFC’s support will enable ADOPEM to make an additional 140,000 microloans over the next seven years, a 70% increase from June 2015. About two …