The Belgium-based Impulse Microfinance Investment Fund (Incofin) provided a USD 1 mn loan to the Tajikistani microfinance institution (MFI) Eskhata Bank. Eskhata is an open joint-stock company in Tajikistan with 51-60 percent of it business coming from microfinance, according to MIX market, the microfinance information clearinghouse. As of 31 December 2005, its gross loan portfolio was approximately USD 4.9 mn with USD 13.3 mn in total assets. Its deposits to loan ratio is 111.78% and its capital/asset ratio is 36.9%.

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