Commercial Microfinance receives EUR 500,000 from Impulse Microfinance Investment Fund
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    Monday, July 10, 2006

    Commercial Microfinance receives EUR 500,000 from Impulse Microfinance Investment Fund

    » Posted by in Category: Africa,Deals,Investment Funds at 2:13 pm

    Commercial Microfinance Limited (CMF) of Uganda was founded in 2000. As of year end 2004, it had over 42,000 active borrowers, with a gross loan portfolio of $3.9 million. Assets totaled $6.7 million, with a return of 7.06%. Total equity reported was $1.2 million with a debt to equity ratio of 480.51%.

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