| Domain Info
|
|---|
| |
| Map
|
|---|
| |
| AboutUs Badges
|
|---|
 |
Title edit
Media Development Loan Fund
Description edit
In many transitional countries, independent news organizations are starved of affordable finance; credit usually comes at the price of compromising editorial independence. MDLF financing is often the only way a media company can access capital while preserving its autonomy. MDLF provides resources that empower its clients to make the most of their dedication to objectivity and accuracy, building solid businesses around the core values of independent journalism.
MDLF maintains a segregated, revolving pool of funds for its loans and investments. Loan repayments are recycled through the pool to provide financing for other news businesses. Most MDLF financing is given in the form of loans or finance leases. Maturities, amounts and interest rates vary depending on the particular company, business plan and country. In general, however, loans and finance leases have terms of four to seven years, including grace periods of six months to one year for beginning principal repayment.
“MDLF offers the best [media support] model – that is to say, the most cost-effective at joining civil society and free press goals with a workable financial strategy.” Professor Craig L. LaMay, Medill School of Journalism, Northwestern University, USA
