The new credit card-based microloan service seeks to expand opportunities for lower income earners without access to traditional credit finance channels.
October 27, 2021Proposed revisions set the common contribution rate at 0.03 percent of the balance of household loans for each financial institution.
June 11, 2021Legislative revisions will expand the pool of microfinance funds available by requiring banks and other FIs to make mandatory contributions.
May 27, 2021