Editor: Abdulla Kelesh
American International Development Finance Corporation (UInternational Development Finance CorporationA $100 million loan agreement was signed between DFC and Shekerbank to develop regions hit by the February 6 earthquake, the catastrophe of the century.
With $33 million that Schekerbank will add from its own resources, the funding will reach $133 million.
THEY HAD THE SITUATION IN SYRIA
The US embassy said in a statement that the loans would be used to fund women-owned businesses and small and medium-sized businesses, prioritizing the development of earthquake-affected areas. “Syrian refugees” expression has been observed.
“FINANCIAL SUPPORT FOR SYRIAN SME WORKERS”
In an article on the official website of a US government financial institution outlining the terms of the agreement, “It will provide financial support to SMEs that employ or benefit Syrian refugees” expressions were used.