INDEPENDENT NEWS

Cablegate: Chile - Proposed Opic Financing for Microfinance Growth Fund

Published: Thu 1 Oct 2009 09:23 PM
VZCZCXYZ0016
RR RUEHWEB
DE RUEHSG #0946 2742124
ZNR UUUUU ZZH
R 012123Z OCT 09
FM AMEMBASSY SANTIAGO
TO RUEHC/SECSTATE WASHDC 0103
UNCLAS SANTIAGO 000946
SIPDIS
E.O. 12958: N/A
TAGS: EINV EFIN CI
SUBJECT: Chile - Proposed OPIC Financing for Microfinance Growth Fund
REF: STATE 96859
Reftel requests post comments on a Chilean institution, Fondo
Esperanza, that might be considered for a loan from the
Microfinance Growth Fund, which in turn is under consideration for
an OPIC loan. Fondo Esperanza is favorably known to the Embassy
for its work providing microcredit to individuals (mostly women)
from disadvantaged communities in Chile.
SIMONS
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