Peruvian MFI, Mibanco, is off to the races. Guidance for 2006 is for 23% growth in profits and a 45% increase in lending. This comes after a banner year in 2005 that saw 74% growth in profits.
Continue reading “Microfinance Picking Up Steam in Peru: Mibanco Backed by Top Industry Investors”
Similar Posts:
- MICROCAPITAL BRIEF: Soleco, Deetken, IDB Deliver “Women in Solar” Training in Jamaica
- MICROCAPITAL BRIEF: Peruvian Fintech Lender Prestamype Concludes $5m Equity Funding Round Led by Acumen Subsidiary ALIVE Ventures, Oikocredit
- MICROFINANCE PAPER WRAP-UP: “Land Titling and Microcredit in Cambodia: Examining the Reality of Hernando de Soto’s ‘Three Steps to Heaven,’” by Milford Bateman
- SPECIAL REPORT: Partner with Agents for Impact, and We’ll Drive Impact Together!
- MICROFINANCE PAPER WRAP-UP: “Microfinance in India: Issues, Challenges and Opportunities;” by Mohammad Abu Saleh, Zubair Ahmad
