http://www.nextbillion.net/ifc-to-set-up-micro-equity-fund Comments for "IFC Ventures Into Micro-Equity With $5m Fund" en http://www.nextbillion.net/ifc-to-set-up-micro-equity-fund <div class="flexinode-body flexinode-4"><span class="flexinode-timestamp-13"> November 15, 2005 - 08:00, </span> <span class="flexinode-textfield-14"> Business Standard</span> <div class="flexinode-textfield-15"> IFC to set up micro equity fund</div><br> <div class="form-item"> <label>Story Link:</label> <a href="http://www.business-standard.com/common/storypage.php?chklogin=N&amp;autono=205532&amp;lselect=1&amp;leftnm=lmnu9&amp;leftindx=9">http://www.business-standard.com/common/storypage.php?chklogin=N&amp;autono=205532&amp;lselect=1&amp;leftnm=lmnu9&amp;leftindx=9</a> </div> <div class="flexinode-textarea-6"> International Finance Corporation (IFC) is all set to enter the microfinance market in India. The global lending body together with Andhra Pradesh Industrial Development Corporation Venture Capital and Bharat Yuvak Shakti Trust (BYST) are planning to set up a micro equity fund to help small entrepreneurs.<br /> <br />“The fund, to be set up with an initial corpus of $5 million (Rs 22.5 crore), would begin operations by April 2006,” said Vipul Prakash, regional manager, South Asia, IFC.<br class="clear" /></div> </div> http://www.nextbillion.net/ifc-to-set-up-micro-equity-fund#comment Financial Services General Banking Microfinance South Asia Wed, 16 Nov 2005 16:20:42 -0500 Rob Katz 1724 at http://www.nextbillion.net