FMO, FCMB, EU Sign $25m Pact To Fund Excluded Entrepreneurs

First City Monument Bank (FCMB) has signed a $25 million NASIRA guarantee agreement with Dutch entrepreneurial development bank (FMO) to expand its funding to agriculture, youth and women-owned SMEs without requiring collateral. Funded by the European Commission, NASIRA is one of FMO’s most innovative programmes, which encourages local banks to extend their funding to small...The post FMO, FCMB, EU Sign $25m Pact To Fund Excluded Entrepreneurs first appeared on New Telegraph.The post FMO, FCMB, EU Sign $25m Pact To Fund Excluded Entrepreneurs appeared first on New Telegraph.

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