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Tuesday, January 24, 2006

Microfinance Picking Up Steam in Peru: Mibanco Backed by Top Industry Investors

» Posted by MicroCapital Team in Category: An Emerging Asset Class?, Investment Funds, Key Players, Latin America, Why So Few Profitable MFIs? at 12:45 am

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”

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