CFPA Microfinance Newsletter (2018.8)

  • 24/09/2018
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CFPA Microfinance Newsletter (2018.8)

CFPA MF was Awarded China Typical Case of Inclusive Finance

On August 5, 2018, the first China Inclusive Financial Innovation and Development Summit was held at the People’s Daily Office. After the network voting and expert review, the summit announced the results of the “China Typical Case of Inclusive Finance”. CFPA MF’s Microfinance Case was awarded China Typical Case of Inclusive Finance, and CFPA MF is also the only selected microfinance institution.

The committee evaluated that since 22 years, CFPA MF disbursed more than 2.2 million number of loans amounting to RMB 33 billion, serving 5 million rural low-income people to get rid of poverty by their own hard work with 4,500 employees in more than 290 counties and 90,000 villages of 21 provinces and regions. CFPA MF insists on low profit and sustainable development, covering customers by both width and depth, reaching good financial and social performance, and becoming an Inclusive Finance’s leading company!

CFPA MF will carry its mission that get through the last hectometer of rural finance, provides services for rural low- and middle-income people to help them develop their business and build a better life.

Monthly Progress, Aug. 2018