This is a blog about microfinancing trend, practice and resources in China. I am currently volunteering for Wokai, a financing institute for MFI orgnaizations in China. This is a journal of my work.

Wednesday, April 1, 2009

Danone, the French Food Company, Launches Micro Finance Fund to Help Sichuan Earthquake Areas

达能小额信贷项目启动 四川地震灾区农户受益 (2009.3.11)

The above article tells how Danone, the French Food company (yeah, that Yogurt brand), started a Micro Finance Fund in China.

The fund targets the Sichuan earthquake infected area, aiming to help the victims to rebuild their lives with micro loans.

Danone injected about $2.8 million into the fund.

Dr. Yunus, the founder of the Grameen bank, was present at the inception ceremony.

No comments:

About Me

My photo
This is a blog about microfinancing trend, practice and resources in China. I am currently volunteering for Wokai, a financing institute for MFI orgnaizations in China. This is a journal of my work.