ECLOF Uganda supported by the Grameen Credit Agricole Microfinance Foundation
Recently the Grameen Credit Agricole Microfinance Foundation (GCAMF) has provided a three-year loan in local currency equivalent to USD 334,000 to ECLOF Uganda. The loan will be supported by a grant for technical assistance to build capacity.
Based in Luxembourg, the Foundation is a partnership between French retail bank Crédit Agricole and Grameen Trust, a nonprofit microfinance organization founded by Nobel Peace Prize laureate Muhammad Yunus. It provides financial services to microfinance institutions (MFIs) and social business projects.