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Brightpoint Development Fund gets $2 million equity equivalent investment

The Brightpoint Development Fund has received a $2 million Equity Equivalent Investment from Old National Bank, which is expected to strengthen the organization’s lending capacity, a news release said today.

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In order to promote and continue access to finance for micro- and small-scale borrowers in the country’s urban and peri-urban areas, the Central Bank of Bolivia (BCB) expanded the effectiveness of resources for development financial institutions (IFDs) and savings and credit cooperatives (CACs). “With this measure, the issuing entity continues to provide a strong boost to the development of microfinance in Bolivia,” according to a BCB press rele…

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journalgazette.net broke the news in on Tuesday, June 3, 2025.
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