USDFC’s $30 m loan to CDB
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USDFC CEO Scott Nathan (left) and MD/CEO of CDB Mahesh Nanayakkara after signing the agreement.
During U.S. International Development Finance Corporation (USDFC) CEO Scott Nathan’s trip to Colombo (November 7-8), he announced US$30 million in DFC financing to Citizens Development Business Finance PLC (CDB) to support women entrepreneurs, sustainable financing, and micro-, small and medium enterprises (MSMEs).
For the first time, CDB has received a funding facility of this significant value, reaffirming the organisation’s robust commitment to corporate stewardship.
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