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AGFUND praised in the micro lending summit

AGFUND praised in the micro lending summit
28 Oct

Manila - SPA

(Partnerships to fight poverty) was the logo of the sixteenth micro lending summit that
was held in Manila on 9 - 11 October. Participants in the summit lauded the Arab Gulf
Fund (AGFUND) model of establishing of banks for poor people and prince Talal poverty
fighting initiatives. AGFUND established 8 banks and micro lending institutions in
Jordan, Yemen, Bahrain, Syria, Siraleon, Lebanon, Sundan and Palestine that provide the
best lending practices. AGFUND will open more banks in Phillipines, Mauritania and
Tunisia.

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