Peru’s MIBANCO Sells Shares worth $275, 599 to Triodos-Doen, Hivos-Triodos Fund and Triodos Fair Share Fund in Microfinance Investment Deal

MIBANCO is Peru’s largest microfinance bank. Established in 1992, it had over 150,000 active borrowers at year end 2005. The gross loan portfolio was over $200 million. Total assets reported to the MIX Market were $250.5 million, with a return of 6.74%. $275,599 worth of shares in the bank were purchased by the Triodos-Doen Foundation, the Hivos-Triodos Fund and Triodos Fair Share Fund, all managed by Triodos International Fund Management, part of the Triodos Bank Group of the Netherlands.

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