Deutsche Bank signed loan agreement with the Center for Agricultural and Rural Development in the Philippines

Deutsche Bank had signed a loan agreement with The Center for Agriculture and Rural Development (CARD).

CARD is a micro-credit service provider which serves low-income entrepreneurs in the Philippines. The loan of about USD 1.9 milion was facilitated through a unique structure which gives global social and religious organizations, as well as individual investors, a means by which they fund microfinance initiatives.

Further information


Partnership types

Project funding

Regions / countries / territories

Asia: Philippines

Global issues

Job creation and enterprise development; Financial accessibility and management

Business sectors