IFC helping or hurting Nepali private sector

IFC  provided Buddha Air  a loan of $6.1 million.Interest rate for the  loan is 4.19% . On going interest rate of  a loan taken from Nepali commercial banks is about 12%.Click here to read more

Just yesterday,I was reading a news paper article with a title- 28% fall in banks credit flow to the private sector.


Humm....It makes me wonder if IFC is "crowding in" or crowding out "  private sector ? Buddha Air  already controls 43% of the domestic airline market ...Monopoly anyone??





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