JFLCJolly Faith Learning Centre (Kowloon Tong, Hong Kong)
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IFC's additional funding support for JFLC can help increase the access to finance for healthcare, education and agriculture sectors across China;
Though JFLC is located in Nanjing City, nearly half of its leasing portfolio is in frontier region, and the Company is expanding its footprint in frontier region by expanding into the agriculture in western China and northeastern China etc.
IFC's further investment and continuous support for JFLC will help the Company to address the challenge in asset liability management, encourage it to further strengthen risk management, corporate governance and etc, and help build a model institution in China's leasing sector, therefore have a strong impact on promoting the sector's sustainable development.