FMO proposes $7.5m investment in Philippine MFI CreditAccess

FMO proposes $7.5m investment in Philippine MFI CreditAccess

A helicopter flies over the central business district of Manila in the Philippines. Photographer: Nana Buxani/Bloomberg

Dutch development bank FMO has proposed a $7.5-million investment in microfinance player CreditAccess Philippines Financing Company, according to a disclosure.