MFG - Mizuho Americas Increases its Commitment to Grameen America | Benzinga
NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Mizuho Americas today announced its first loan to Grameen America, a certified U.S. Community Development Financial Institution (CDFI) dedicated to helping low-income entrepreneurial women build businesses to enable financial mobility. Mizuho provided $5 million in debt capital to Grameen America and its microlending program as part of the firm's ongoing commitment to CDFIs and financial inclusion. In past years, the Mizuho USA Foundation has awarded Grameen America with grant support for the non-profit's financial education and other community programs.
"We are proud to support Grameen America and its deliberate approach to providing women with capital needed to start a small business, achieve financial mobility, and contribute to greater prosperity in their communities by creating jobs." said Michal Katz, Head of Investment & Corporate Banking, Mizuho Americas.
Expressing Grameen America's appreciation in deepening its partnership with Mizuho, Lucas Ramirez, Chief Financial Officer at Grameen America, remarked, "We are thrilled to strengthen our partnership with Mizuho, an ...