United States Agency for International Development (USAID) Current Affairs, GK & News

HDFC Bank, Mastercard, USAID commit $100-mn credit facility

HDFC Bank, Mastercard and USAID have committed $100-mn credit facility with the aim to expand lending to small businesses. Key Points New credit facility will help small businesses that require financing for maintaining and growing their operations. The credit facility will also enable recovery by means of digitisation. It emphasises on providing support to women-led ..

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DFC- USAID announce $55 mn guarantee programme in India

The US International Development Finance Corporation (DFC) and the United States Agency for International Development (USAID) have jointly decided to sponsor a $55 million credit guarantee programme in India. This announcement was made on September 24, 2021. Key Points This credit guarantee programme seeks to address the economic impact of covid-19. It will support the ..

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USAID & DFC to Finance Renewable Energy in India

United States Agency for International Development (USAID) and US International Development Finance Corporation (DFC) have announced for a $41 million-loan guarantee program in order to finance the investment in the renewable energy solutions by Indian Small & Medium Enterprises (SMEs). Highlights The USAID and DFC are jointly sponsoring the $41 million loan portfolio guarantee. This ..

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