MICROCAPITAL BRIEF: Symbiotics Issues $5m Sustainability Bond to Fund Microfinance Institution Crystal of Georgia
Symbiotics, a Switzerland-based impact investing platform, recently issued a bond whose proceeds are funding a three-year, unsecured loan to Crystal, a microfinance institution (MFI) in Georgia. The proceeds of the bond, Georgian lari equivalent to USD 5 million, are earmarked to fund green loans, which are sensitive to environmental concerns, as well as social loans, Continue reading The post MICROCAPITAL BRIEF: Symbiotics Issues $5m Sustainability Bond to Fund Microfinance Institution Crystal of Georgia appeared first on MicroCapital .
MICROCAPITAL BRIEF: Symbiotics Issues $5m Sustainability Bond to Fund Microfinance Institution Crystal of Georgia
Symbiotics, a Switzerland-based impact investing platform, recently issued a bond whose proceeds are funding a three-year, unsecured loan to Crystal, a microfinance institution (MFI) in Georgia. The proceeds of the bond, Georgian lari equivalent to USD 5 million, are earmarked to fund green loans, which are sensitive to environmental concerns, as well as social loans, Continue reading The post MICROCAPITAL BRIEF: Symbiotics Issues $5m Sustainability Bond to Fund Microfinance Institution Crystal of Georgia appeared first on MicroCapital .