KABUL Development Fund (ADF) which would issue $6 million long-term loan to two Afghan financial institutions through fund expansion of lending to farmers and small and medium-size agribusinesses.
A memorandum of understanding (MoU) to the effect was signed among Minister of Agriculture Asadullah Zamir, Afghan Rural Finance Company (ARFC) CEO Hashmat Sayar Amarkhel and First Microfinance Bank (FMFB) Chief Financial Officer Faburama Ceesay on April 3.
Each financial institution would receive a $3 million loan from ADF with the technically support of USAID’s . . .
