Swaziland Development Finance Corporation (FINCORP)

Eswatini (formerly Swaziland)

This line of credit to FINCOR (Swaziland Development Finance Corporation) will assist the organization in developing its term lending program to its client base of microfinance cooperatives and other micro and small businesses. Financing for businesses in rural areas, particularly for smallholders is in relatively scarce supply in the country. Given the loan size and the operational focus of FINCOR, activities will concentrate on the micro-finance and small business sector, which is regarded as being the most promising in terms of employment creation and general economic benefits.