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                    [ArticleID] => 360198
                    [Title] => Plantersbank taps $2-M loan for microfinance lending
                    [Summary] => Planters Development Bank has tapped a $2-million long-term loan from ShoreCap International Ltd. for relending through its microfinance lending program.


ShoreCap International is a US-based global private equity company that makes investments in financial institutions specializing in small and medium enterprises (SMEs) and microfinance development.


The $2-million investment is a four-year long-term loan with a 7.5-percent interest repayment rate.


                    [DatePublished] => 2006-09-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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MICROFINANCE ENTERPRISE BANK

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                    [ArticleID] => 360198
                    [Title] => Plantersbank taps $2-M loan for microfinance lending
                    [Summary] => Planters Development Bank has tapped a $2-million long-term loan from ShoreCap International Ltd. for relending through its microfinance lending program.


ShoreCap International is a US-based global private equity company that makes investments in financial institutions specializing in small and medium enterprises (SMEs) and microfinance development.


The $2-million investment is a four-year long-term loan with a 7.5-percent interest repayment rate.


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                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] =>  Ted P. Torres
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                    [URL] => 
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abtest

Plantersbank taps $2-M loan for microfinance lending

By Ted P. Torres | September 28, 2006 - 12:00am

Planters Development Bank has tapped a $2-million long-term loan from ShoreCap International Ltd. for relending through its microfinance lending program. ShoreCap International is a US-based global private equity...

Business