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The Foundation funds a third partner in Myanmar

The Foundation has granted € 2.6 million loan to Proximity over a three-year period. Proximity Finance is a microfinance programme developped within Prowimity Designs, a nonprofit social venture that has been reducing poverty and hunger for tens of thousands of rural families in Burma/Myanmar since 2004.

With this new funding, the Foundation now has three partners in Myanmar. The country accounts for 31% of the Foundation's microfinance commitments in South and South-East Asia.