Renewal fund seeks private capital for loans market
Friday, June 18, 2004
“Afghanistan’s economy grew 20 per cent last year and sectors such as construction, communications and retail are booming. But the country’s financial sector is barely emerging from the dark ages and middle-sized businesses that fall outside the micro-credit market are hard pressed to get loans or attract investors. The fund aims to address a gap in the finance market for companies requiring initial investments of $500,000 to $10m, a finance official familiar with the plan said.” Read full article here.
Source: Financial Times